Binance hackers used never-seen-before laundering tactics, Chainalysis says

Chainalysis says hackers who stole assets from Binance used previously unseen laundering methods, moving the funds through thousands of transactions in what looks like an automated effort to hide the trail. The investigation also links the theft to North Korean hackers. The finding matters to traders because it points to more sophisticated state-linked laundering and raises fresh concerns about exchange security and how stolen crypto is cashed out.