Binance hacker moves $798K in SOL into Privacy Cash

An address linked to the Binance hacker has deposited nearly $798,000 in Solana into Privacy Cash as the exchange reports progress replacing assets stolen in its $6.34 billion breach. Onchain Lens identified 8,567 SOL deposited into Privacy Cash from an address linked to the hacker. Richard Teng said Binance has replenished 98% of affected assets following the Oct. 29 attack. Elliptic traced earlier Solana movements through new wallets, lending vaults and conversions into Bitcoin. Mercuryo executive Ashna Vaghela said employee training and tighter controls around internal AI tools remain critical. Onchain Lens said in a Nov.

Also reported by Crypto Briefing.

Source: crypto.news