PANews reported on April 1 that, according to on-chain analyst Yu Jin, a Kraken user was suspected of being scammed by social engineering, resulting in a loss of $18.2 million. The attacker transferred all of the stolen $18.19 million in assets (7,784 ETH + 26.5 BTC) to the HitBTC exchange 6 hours earlier.
The reason for using HitBTC is probably because HitBTC allows cryptocurrency transactions and withdrawals without KYC.
