Binance Hackers Move 81% Stolen SOL, Use THORChain
Investigators traced about $1.2 million in theft-linked deposits into the privacy pool, and the service said it will strengthen wallet screening.
- On Wednesday, Nov. 4, Privacy Cash suspended deposits after investigators traced about $1.2 million in stolen Binance funds into its privacy pools.
- Binance suffered a record-setting $6.34 billion hack last Thursday after attackers compromised employee devices, prompting laundering across Tron, Solana, and THORChain.
- Blockchain analysis firms Onchain Lens and Elliptic identified stolen funds entering Privacy Cash on Nov. 3, tracing 41 ETH and 9,600 SOL worth around $1.2 million combined.
- Existing users may continue withdrawing funds during the pause, as Privacy Cash strengthens its wallet-screening system to block future malicious deposits.
- The Federal Bureau of Investigation attributed the hack to North Korea-linked TraderTraitor groups on Saturday, while Elliptic estimates about $3.21 billion remains in theft-linked addresses.
22 Articles
22 Articles
Privacy Cash pauses deposits after $1.2m in linked inflows
Privacy Cash has temporarily paused deposits following the Binance hack, saying it will strengthen wallet screening after investigators traced about $1.2 million in theft-linked funds into its privacy pools. Privacy Cash announced the suspension in a Nov. 4 post, directly…
The attackers of the SOL Binance hack already moved 81% of the stolen SOL 970.522 and washed part of the booty by turning it into bitcoin via THORChain. The entry The SOL Binance hack: move 81% of the stolen SOL 970.522 and wash via THORChain aparece primero en Merca2.
Binance Hacker Sends $798K in SOL to Privacy Cash, Laundering Spreads Across 11 Chains
Key Takeaways: The Binance hacker wallet deposited 8,567 SOL, or approximately $798,000, to Privacy Cash. Elliptic mapped the laundering chain over approximately 12,000 wallets and 11 blockchains. Approximately $3.18 billion
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