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Chainalysis Identifies New Laundering Tactics in Binance Hack

Chainalysis has identified previously unseen laundering patterns in the $6.4 billion Binance hack. The attack, attributed to the North Korean group TraderTraitor, involved the use of Tornado Cash and THORChain to move stolen funds. About $2.8 billion of the stolen funds has been frozen so far, with the response coming faster than the attacker expected, leading to the freezing of over $2.8 billion.

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