5 October 2020
By Evan Fitzgerald
After the $150 million KuCoin hack, traders appear unworried that open market sales by the hacker will drop Ethereum price.
Analysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap. Although selling tokens on the Ethereum-based decentralized exchange allows the hacker to obtain Ether (ETH), it doesn’t mean it’s laundered. ...