Binance hackers deploy never-seen-before laundering tactics to conceal $6.3 billion theft
Hackers behind Binance's $6.3 billion breach are using previously unseen laundering tactics while rapidly converting stolen assets into other cryptocurrencies. On Oct. 30, blockchain analytics firm Chainalysis said that investigators identified thousands of transactions executed within short periods, suggesting the attackers used automation to obscure the movement of stolen funds. The discovery comes as Elliptic…
Story summary
Hackers behind Binance's $6.3 billion breach are using previously unseen laundering tactics while rapidly converting stolen assets into other cryptocurrencies. On Oct. 30, blockchain analytics firm Chainalysis said that investigators identified thousands of transactions executed within short periods, suggesting the attackers used automation to obscure the movement of stolen funds. The discovery comes as Elliptic…
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