Binance Hacker Moves $2.2M in Stolen Bitcoin Through CoinJoin to Obscure Funds

The attacker behind the October 29 Binance theft has started using Bitcoin privacy tools to complicate the tracking of funds . Blockchain analytics firm Elliptic identified approximately $2.2 million in Bitcoin moving through CoinJoin transactions, while billions of dollars in assets remain visible across public blockchain networks. The activity illustrates how sophisticated cryptocurrency transactions can make investigations more challenging without eliminating the transparency built into blockchain technology. Despite the use of privacy protocols, investigators continue to follow transaction patterns and identify connections between addresses.