KuCoin's official X (Twitter) account was hijacked for approximately 45 minutes on April 24. Scammers used the compromised account to promote a fraudulent giveaway, tricking users into sending BTC and ETH to a fake address. Users lost approximately $22,628 before KuCoin regained control and announced full reimbursement for verified losses.

The crypto exchange Kucoin stated that its official Twitter account was stolen for about 45 minutes from 00:00 on April 24 (UTC+2) on the 24th, and the attacker posted false activities, causing multiple users to lose assets. As of 02:00 (UTC+2) on April 24, 22 transactions have been identified, including ETH/BTC related to fake activity, with a total value of 22,628 USDT. Kucoin will fully compensate all verified asset losses caused by social media leaks and fake activities.