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Analysis: Binance hacker laundered approximately $242 million through Tron within two days.

PANews November 2 news: On-chain analyst and SEAL contributor SomaXBT posted on X platform that in the two days since the Binance theft incident, the attacker has laundered approximately $242 million through the Tron route alone. Of the approximately $6.3 billion in stolen assets, about $628 million is located on Tron; after Tether froze 378.7 million USDT, about $249 million remains transferable. Of the laundered funds, about $194 million was moved out of Tron through cross-chain bridges and exchange services, including about $48 million via Relay, about $44 million via THORChain, about $32.1 million via Chainflip, and about $16 million via Symbiosis; another approximately $41.7 million was processed through Bitget Wallet, with the destination not yet clear.

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  1. He Yi denies rumor that "Binance engineer's relationship with North Korean spy led to theft"

  2. He Yi issues consecutive reminders: Beware of scams impersonating official announcements via GRAM transfers and address poisoning

  3. Symbiosis: Discovered that the Binance hacker attempted to transfer funds through the protocol and is in contact with Binance.

  4. Binance hackers are converting approximately 970,000 stolen SOL into BTC.

  5. Data: An address associated with the Binance hack transferred out 485,300 SOL.