Binance Hack Takes Another Twist as Hackers Amass 2,300 More Bitcoin
AI summary
Following the $6.3 billion Binance hack that drained 18,270.2 BTC from an exchange wallet, blockchain analytics firm Elliptic reports the attacker's bitcoin holdings are growing. The hackers converted $175 million in stolen altcoins into roughly 2,300 BTC. The consolidation into bitcoin signals the stolen funds are being laundered and held rather than quickly dumped, keeping pressure on exchange security confidence and on-chain scrutiny of the attacker's wallets.
