Elliptic: "KuCoin hackers use Wasabi Wallet to launder money"

Elliptic analysts continue to track cryptocurrencies stolen from the Kucoin Exchange. According to researchers, Hackers began to use the Wasabi Wallet wallet to wash money.

Wasabi Wallet wallet is known for supporting the private function Coinjoin, which allows several participants to combine transactions, To hide the sources of receipt of funds. This is an non -core purse with open source, The developers of which are focused on ensuring the privacy of users.

Elliptic analysts noted, that hackers use various tools, to wash the received funds. Some stolen coins went through decentralized sites, Others were missed through the mixing services.

Attackers, Kucoin stolen from the Exchange more $150 Milln in various cryptocurrencies, continue to come up with new ways of washing the stolen means and their withdrawal to fiat currency. Recently reported, that hackers use the chipmixer mixing service to conceal the origin.

Against the backdrop of hacking the Kucoin exchange on Bits.media, large -scale material has been released, telling about that, as criminals and hackers launder the crypto -acting obtained illegally.