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The Binance hacker converted stolen altcoins worth $175 million into approximately 2,300 bitcoins

2026-11-07 16:40:36
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Odaily Planet Daily News: Tom Robinson, co-founder and chief scientist at Elliptic, stated that the Binance hacker has converted stolen altcoins worth approximately $175 million into around 2,300 bitcoins. The funds have been transferred through 16 blockchains, over 20,000 wallets, and at least 65,000 transactions; about 88 bitcoins went through Wasabi Wallet for mixing. Robinson said the hacker's primary holdings of bitcoins and Ethereum remain untouched. According to Arkham Intelligence data, as of 10 a.m. Eastern Time on November 7, the hacker-linked addresses held 18,384.725 bitcoins, but did not show the addition of approximately 2,300 bitcoins. (Bitcoin.com News)
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