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Chainalysis says over $46 million moved through THORChain in 72 hours, showing how hard stolen crypto is to stop.
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Binance hackers spread stolen funds across more than 10,000 wallets, and Chainalysis says over $46 million passed through THORChain in the first 72 hours, generating more than $200,000 in fees despite FBI pleas to block the transfers.Read original on X
Binance hack funds spread across 10,000-plus wallets despite FBI requests
Binance hackers spread stolen funds across 10,000-plus wallets despite FBI requests
Binance hackers spread stolen funds across 10,000-plus wallets despite FBI requests
Binance hack funds spread across 10,000-plus wallets despite FBI requests
Binance hack funds spread across over 10,000 wallets despite FBI requests
Binance hack funds spread across over 10,000 wallets despite FBI requests
Binance hackers spread stolen funds across more than 10,000 wallets
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Reports say the attackers were inside Binance for weeks before the theft, showing how social engineering can bypass strong security.
Attackers spent months targeting engineers, starting with a malicious installer posing as a popular AI coding tool.
Binance plans to reopen withdrawals on November 1, which signals how far recovery from the theft has come.
It is the largest crypto hack on record, and it has renewed debate over whether verified code can prevent theft.