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North Korean hackers launder $242 million of Binance loot via Tron, analyst says

North Korean hackers launder $242 million of Binance loot via Tron, analyst says
AI summary

North Korean hackers have laundered $242 million of funds stolen from Binance through Tron, according to an analyst, with bridges moving roughly $140 million off the network. Relay handled the largest share at $48 million, while THORChain, Chainflip and Symbiosis also processed stolen funds. The FBI is pressing THORChain over its role, a reminder that cross-chain bridges remain a laundering channel and a regulatory target that could weigh on bridge and privacy-adjacent tokens.

Narrative history
4 linked stories · 5 outlets · since 30 Oct
  1. 32M AGO
    The Defiant · Score 55 · via Binance Loot, Loot
  2. 49M AGO
    You’re reading this
    North Korean hackers launder $242 million of Binance loot via Tron, analyst says
    The Block · Score 55
  3. 7H AGO
    crypto.news · Score 55 · via Relay Protocol, Relay
  4. 17H AGO
    Crypto Briefing · Score 62 · via Relay, Korean hackers
  5. 30 OCT · 14:30
    Bitcoin.com News · Score 45 · via Korean hackers, North Korean
Most read · 72h