Binance hackers swap stolen tokens for $124M in bitcoin, Elliptic says
AI summary
Elliptic reports that hackers behind the Binance breach have swapped stolen tokens for $124 million in bitcoin, with little of the stolen crypto likely cashed out and $2.85 billion still frozen. Binance plans to reopen more withdrawal options. The laundering into BTC adds selling pressure risk and keeps exchange security and recovery credibility in focus for traders.
Narrative history
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1H AGOYou’re reading thisBinance hackers swap stolen tokens for $124M in bitcoin, Elliptic saysThe Block · Score 72
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7H AGOBeInCrypto · Score 72 · via Korean hackers, North Korean
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8H AGOThe Defiant · Score 55 · via Bitcoin Elliptic, Hackers Swap
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4 NOV · 12:49CoinDesk · Score 55 · via Binance loot, loot
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4 NOV · 09:15Cointelegraph · Score 55 · via stolen SOL, Binance hackers
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1 NOV · 18:43The Defiant · Score 55 · via Binance Loot, Loot
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1 NOV · 18:25The Block · Score 55 · via Relay, Korean hackers
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1 NOV · 11:36crypto.news · Score 55 · via hacker swaps, Binance hacker
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1 NOV · 01:46Crypto Briefing · Score 62 · via Relay Protocol, Relay
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30 OCT · 14:30Bitcoin.com News · Score 45 · via Korean hackers, North Korean
