KuCoin's Turkey Account Compromised, Users Funds Safe: Report

KuCoin, a globally renowned CEX, appears to have become the latest victim of a cyber attack, as its Turkey X account was compromised on Saturday, April 13. Following the malicious attack, hackers used the KuCoin Turkey account on X to post false announcements in a move to lure more victims. However, the false post on X was deleted as of press time, with the KuCoin account stating that users’ funds were safe.