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Chainalysis: Binance hacker swapped $325 million to dodge freezes

Chainalysis: Binance hacker swapped $325 million to dodge freezes
AI summary

Chainalysis reports that the hacker behind the Binance breach swapped $325 million in an effort to evade asset freezes, with the firm putting total frozen assets at about $2.8 billion. The analysis describes transaction patterns consistent with automated laundering. For traders, the findings highlight persistent security and compliance risk around major exchanges and could weigh on confidence in centralized platforms.

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