Binance Hack Funds Spread Across 12,000 Wallets in Under Four Days

Funds stolen from Binance passed through approximately 12,000 wallets in under four days, Elliptic found. The operation spanned 11 blockchains, while the firm assessed that only a negligible amount had likely been cashed out. Crypto assets stolen from Binance moved through approximately 12,000 wallets across 11 blockchains in under four days, blockchain analytics firm Elliptic reported on Nov. 2. Its analysis of the 12,000-wallet laundering operation tracked more than 40,000 transactions following the Oct. 29 theft of $6.43 billion. Elliptic stated: Chainalysis had identified suspected automated laundering patterns on Oct.