Yeah I've heard it, it's really messy. With the large number of tokens that the hacker got from Kucoin hot wallet, I think in the near future there will be many tokens that will experience a price decline, especially UTK token. But I heard that the CEO is going to do something for user funds.
Currently there is still no significant decline after the news about the hack from KuCoin which has been successfully stolen from the market, but surely in the future, the hack will sell the tokens that have been obtained and this will have a very bad impact if he makes a sale blindly.
Actually that is problem with centralized exchanges to keep funds there even Kucoin claimed all funds are insured and no need to get worry about this. But I also agreed with you it could break the ongoing momentum and some people will get chance to buy this toke on discount price even the hacker's address is under the observation so let's see how they will be get succeed to make recover this.