Hacking News
Hackers use automated laundering tactics after Binance $6.3B breach
Chainalysis said investigators found thousands of rapid, automated‑looking transfers linked to the Binance hack that stole $6.3 billion. Elliptic reported that about $786 million of stolen stablecoins were swapped into Ethereum and Tron before asset‑freeze measures took effect. The stablecoins were converted through decentralized platforms, with roughly 434 million USDT turned into 160,451 ETH on Uniswap, 1inch and other services, and 234 million USDT exchanged for 638 million TRX on SunSwap. The attackers also moved 18,270 BTC across 19 wallets, each holding about 1,000 BTC, without reaching an identified exchange as of Oct 30.