Binance Hack Exposes Never-Before-Seen Money Laundering Tactics
Photo: DailyCoin
Blockchain analytics firm Chainalysis has identified a “never-seen-before” money-laundering pattern in the aftermath of the $6.4 billion Binance hack. Thousands of transactions conducted within a short period suggest the attackers are using automation to obscure the trail. Chainalysis calls the theft the largest in crypto history and attributes it to North Korean group TraderTraitor. About $2.8 billion has been frozen so far, while the attackers continue attempts to move the remaining assets.
Source: DailyCoin
