Svmuu News: On-chain investigator ZachXBT posted that, KuCoin recently sent a legal threat email to a victim who had previously lost approximately $250,000 to the Atomic Stealer malware; the stolen funds were subsequently laundered through KuCoin accounts with KYC identities that had been purchased.
ZachXBT noted that the funds in question subsequently flowed into multiple KuCoin deposit addresses. He also stated that he has issued warnings to KuCoin on multiple occasions over the past few months regarding issues such as freezing user accounts, facilitating illegal activities, and slow responses when assisting law enforcement in handling victims’ cases.