Shut the fuck up pussies kucoin is fine

Slurp my butthole some more when I’m right. Get your discount KCS while you can

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Yeah I am sure this insurance company is just gonna fork over 220 Million dollars tomorrow and Kucoin will market buy all their users funds from other exchanges.

Lmfaoooo he thinks $220,000,000 is a lot for insurance. Fuck off townie

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Unironically not a large amount at all. Look at large financial institutions and their insurance. Get out of Montana my man

@22828056
@22827618
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Insurance companies are the most greedy out there. They would do anything to weasel out of a payout.

>t. Actuary

Guaranteed minimum and they are custodians there’s no denying how much they had and how much is gone

even if the insurance pays out it will take them like 12 months

That’s completely fine kucoin keeps likely less than 5% of assets in hot wallets. As is standar: customers are comp’d and the exchange sorts insurance out on the back end

>kucoin keeps likely less than 5% of assets in hot wallets
lol delusional

your shitcoins will be dumped by the "hacker" and kucoin will buy them back for pennies on the dollar with insurance money, and you will have a bunch of worthless shitcoins while kucoin insiders are fucking your mother

exactly. except i don't use kucoin so i'm ok

You don't even understand how insurance companies work. Get the fuck out, retard.

Lmfao don’t get condescend mr state school ‘t actuary’ H&R block doesn’t mean you can comment on large institutional financial insurance

it was a cold wallet that moved

>he thinks insurance companies make profit by being generous

>he doesn't know

Hope you don't have your DMG on this Asian shitbox.

Kucoin CEO just confirmed that the wallet with 150mm is conrolled by kucoin, not the hacker. We don't know how much was stolen yet

No it wasn’t.

>Doesn’t understand risk modeling


Kucoin’s loss was small relative to their total holdings. They will fork KCS and lessen the loss even further. They will also be able to work with USDT to freeze stolen assets and mint new tokens. A lot of other projects will likely do the same but usdt was the big one.

AND all user funds are 100% guaranteed by kucoin regardless of insurance with more than enough funds to do so.

AND KCS is already 11% up and climbing. CEO’s ama was good and professional. See you at $1.20 faggots that’s my quick 50% gainer

Holy shit how often am I right

>eth bounce
>btc bounce
>kucoin hack was a nothing burger, the $150m wallet is literally kucoins AND KCS bounce

Ahahaah

sorry bro, these things happen

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Is the hack still on going or is that fud? I checked my account and everything is still there.

...and you're leaving it there?

literally just info from a kucoin database
not a representation of whats on the blockchain

No and it sounds like even most of the transfers weren’t the hacker. Sounds like the $150m wallet was kucoin quick switching to a new cold wallet

You know which coin you can use those database numbers to transfer into? KCS. You know who owns KCS? Kucoin. Safest coin to put you money stuck on kucoin into right now is KCS

fuck off retard

What I dont get,why doesn't kucoin give the addresses listed so other people can do their own detective work to figure out where funds are being transferred to so every address involved can be essentially blacklisted. Which that brings another point, Iam guessing in uniswap there is no way to be able to do anything.

He said they would publish the address soon.

Eat my shit hole when we hit $1.20 within 7 days. The $150m wallet is kucoins why the fuck would a hacker use one wallet and then hold it there

We could vote with Uniswap's new neat governance to blacklist them except CZ hold the majority kek

And I’m up 12% in a couple hrs

...

KuCoin has a token? Lol. You are completely delusional if you don't think this is going to bleed out for a while.

Stay in denial faggot

It’s already recover lmao