Skip to main content
727 Finance
English

Analysis: Binance hacker laundered approximately $242 million through Tron within two days.

PANews November 2 news: On-chain analyst and SEAL contributor SomaXBT posted on X platform that in the two days since the Binance theft incident, the attacker has laundered approximately $242 million through the Tron route alone. Of the approximately $6.3 billion in stolen assets, about $628 million is located on Tron; after Tether froze 378.7 million USDT, about $249 million remains transferable. Of the laundered funds, about $194 million was moved out of Tron through cross-chain bridges and exchange services, including about $48 million via Relay, about $44 million via THORChain, about $32.1 million via Chainflip, and about $16 million via Symbiosis; another approximately $41.7 million was processed through Bitget Wallet, with the destination not yet clear.

Related news

  1. Madagascar Ministry of Justice: 148 Chinese nationals involved in cryptocurrency fraud cases have been extradited.

  2. Talis Protocol market contract attacked, approximately 5,700 escrowed NFTs stolen.

    PANews November 2 news: Talis Protocol posted a disclosure that on October 31, an attacker exploited a vulnerability in its marketplace and auction contracts on...

  3. What Is EIP-7702? The Ethereum Upgrade Behind the Binance Hack Incident

    EIP-7702 allows regular Ethereum wallets to run smart contract code, thereby enabling batch transactions and sponsored transactions (paying Gas fees on behalf o...

  4. He Yi denies rumor that "Binance engineer's relationship with North Korean spy led to theft"

  5. He Yi issues consecutive reminders: Beware of scams impersonating official announcements via GRAM transfers and address poisoning