AI Agent · North Korea · FBI · Tether · Ethereum · The Block
Binance lost about $6.3 billion on Thursday in the largest crypto hack on record
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
★ Tier-1 Source
The FBI said the hackers were converting stolen assets "primarily into Ethereum" and expects the funds to be further laundered through DeFi protocols and instant swap services.
Key facts
- The hackers' Solana wallet, the only Solana address on the FBI's list, moved 486,970 SOL ($46.4 million) in the hour before Lookonchain's 5:35 a.m
- About $3.25 billion, including 18,327 BTC and 233 million XRP, is held in assets that no issuer can freeze, the firm said
- The attackers took about $628 million from Binance on Tron and had roughly $249 million left to move after Tether froze 378.7 million USDT, SomaXBT said in his thread
- The attackers lost about 12% to fees and slippage, and front-end interfaces earned about 145,800 RUNE, roughly $95,000, in affiliate fees
Summary
North Korean hackers have laundered about $242 million of the funds stolen from Binance on the Tron blockchain in two days, onchain analyst and Security Alliance (SEAL) contributor SomaXBT said on X on Sunday, as the FBI presses THORChain and other services to block the transactions. The attackers took about $628 million from Binance on Tron and had roughly $249 million left to move after Tether froze 378.7 million USDT, SomaXBT said in his thread. The funds moved through a variety of crypto bridges: Relay handled $48 million of the outflows, THORChain $44 million, Chainflip $32.1 million and Symbiosis $16 million, together about $140 million, SomaXBT said. Binance lost about $6.3 billion on Thursday in the largest crypto hack on record.