Binance hacker moves $46M in stolen SOL for Bitcoin swaps via Relay

Binance hacker-linked wallets have begun moving nearly $96 million in stolen Solana (SOL) toward Bitcoin conversions, opening another round of asset transfers after the October 29 attack on the cryptocurrency exchange. Lookonchain says the Binance hacker is converting 970,522 stolen SOL, valued at $95.9 million, into Bitcoin. The attacker moved 486,970 SOL worth $46.4 million within one hour, with Relay Protocol identified as the swap route. Earlier transactions reportedly converted more than 130 altcoins into $277.26 million in ETH and $1.69 million in USDC.

Also reported by TokenPost.

Source: crypto.news