Over $1B in Ether and About $1.42B in Bitcoin Show Limited Movement
Photo: TokenPost
More than $1 billion in Ether (ETH) and about $1.42 billion in Bitcoin (BTC) tied to the Binance theft have seen little transfer activity since the incident. Other stolen funds moved quickly through decentralized finance (DeFi) services and cross-chain bridges. Two different patterns emerged: limited movement in the named Ether and Bitcoin funds, and faster movement among other stolen funds. Some repeatedly returned to addresses used earlier, in activity spanning thousands of transactions. The cycling differed from laundering behavior seen in previous cases involving North Korean hackers and may reflect automated operations.
Source: TokenPost
