Binance hacker spreads $1.4 billion of bitcoin across 19 wallets that can’t be frozen
AI summary
The hacker behind the $1.4 billion Binance breach has split 18,270 bitcoin across 19 wallets, with 17 of them holding exactly 1,000 BTC each, according to a CoinDesk blockchain trace. None of the coins has moved since Thursday night, and the wallets appear structured to be difficult to freeze. Traders care because the stash represents a large overhang of tainted BTC that could be dumped or laundered, weighing on confidence in exchange security.
