Binance Hackers Created a Token to Trade With Themselves

Key Takeaways The attackers traded the new token with themselves. Lending receipts hid the link from USDT traces. TRM matched 11 of 38 bridge orders. Freezes need a wallet to land on. TRM Labs described the routes in a November 3 update covering October 31 to November 2, the period when bridges and new TRON methods first appeared in its trace. About $6.36 billion left Binance wallets across ten blockchains on October 29, according to TRM.