The Story of Kuan Sun: Recovering from a $15 Million Hacking Attack

On April 17th, according to 0xScope monitoring, Eureka Trading founder Kuan Sun\’s $15 million assets that were hacked in June 2022 were exchanged for 1935 ETHs,

The Story of Kuan Sun: Recovering from a $15 Million Hacking Attack

On April 17th, according to 0xScope monitoring, Eureka Trading founder Kuan Sun’s $15 million assets that were hacked in June 2022 were exchanged for 1935 ETHs, 120 WBTCs, and 6.3 million DAIs through Uniswap, Curve, and Sushi Swap, and transferred through Tornado Cash. Foresight News: Kuan Sun tweeted that in June 2022, he was hacked for $15 million due to a private key leak. So far, he has collected some IP and other information for the hacker, but I encourage all encryption members and security experts to participate in this case and am very willing to offer a reward for valuable assistance. The hacker’s address is 0xA1ac23bE458E14AC0A0003DC1343D2AC575EA3b6.

0xScope: The founder of Eureka Trading was hacked and $15 million in assets have been transferred to Tornado Cash

Introduction

On April 17th, 0xScope monitoring reported that Eureka Trading founder Kuan Sun’s $15 million assets, which were stolen in June 2022, have resurfaced. In the following lines, we will dive into the details of this hacking attack and the recovery process that Kuan Sun has undergone.

The Hacking Attack

In June 2022, Kuan Sun, the founder of Eureka Trading, faced a major setback when his private key was leaked, resulting in a loss of $15 million worth of assets. This attack left him and his company in shambles and led to a continuous search for the perpetrator.

The Recovery Process

Since the incident, Kuan Sun has been actively searching for clues and information regarding the hacker’s identity. He has also promised a reward for anyone that provides vital assistance in tracking down the perpetrator. His search in the crypto world ultimately paid off when the assets were discovered on April 17th, 2022.

The Asset Exchange

According to 0xScope monitoring, the assets stolen from Kuan Sun are now in the form of 1935 ETHs, 120 WBTCs, and 6.3 million DAIs, and have been exchanged through Uniswap, Curve, and Sushi Swap. The hacker then transferred these assets through Tornado Cash.

The Way Forward

As Kuan Sun continues to collect information about the identity of the hacker, he has encouraged other encryption members and security experts to join in his investigation. He is willing to offer a generous reward to anyone who provides valuable assistance in finding the perpetrator.

Conclusion

The hacking attack on Kuan Sun’s assets is a clear reminder of the importance of cybersecurity in the crypto world. However, with persistent effort, Kuan Sun has been able to recover some of the lost assets, and his ongoing search is a testament to his determination to get to the bottom of this case.

FAQs

1. What is the importance of cybersecurity in the crypto world?
Cybersecurity is crucial in the crypto world as it ensures the protection of assets and sensitive data from malicious attacks.
2. How did Kuan Sun recover some of his stolen assets?
Kuan Sun was able to recover some of his assets by searching for clues and information about the hacker’s identity.
3. What reward is Kuan Sun offering for valuable assistance?
Kuan Sun has promised a generous reward for anyone who provides vital assistance in tracking down the perpetrator of the hacking attack.

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