Post
Topic
Board Altcoin Discussion
Re: European Crypto Exchange Hacked For 5 million dollars 😱😰😢😢
by
X-ray
on 12/09/2020, 09:18:16 UTC
The eterbase team has already known if the hacker was cashing out the stolen crypto through use the huobi and binance wallet (cash withdrawal). the team is also contacting both of exchange sites to trace the hackers through use the KYC and AML investigation. I hope we can see the real identity of the hackers that will be published by eterbase very soon.

It looks like this is the main advantage the KYC and AML implementation for accounts that wanna use the account with higher limit.