On September 25, 2020, KuCoin, a popular cryptocurrency exchange, was hacked, resulting in the theft of $281 million worth of ETH, ERC-20 tokens, BTC, LTC, XRP, and USDT. The hack was one of the largest in cryptocurrency history, and it seemed like a significant portion of the stolen funds would be lost forever. However, KuCoin was able to recover 84% of the stolen funds through a combination of efforts. The exchange worked with DeFi protocols such as Uniswap, Orion, and Ocean Protocol to freeze the stolen tokens, preventing the hackers from selling them on the open market. Additionally, KuCoin collaborated with law enforcement to freeze over $200 million worth of stolen funds on other exchanges. The remaining $45 million was covered by KuCoin's insurance fund. The successful recovery of the stolen funds is a testament to the effectiveness of collaboration between exchanges, DeFi protocols, and law enforcement. As the cryptocurrency industry continues to grow, the question remains: what role will insurance play in protecting customer funds from future hacks?