theblock.coarticleNorth Korean hackers launder $242 million of Binance loot via Tron as FBI presses THORChain: analyst
The Block reports that North Korean hackers (TraderTraitor) laundered about $242 million of funds stolen from Binance through Tron in two days, according to analyst SomaXBT. Relay, THORChain, Chainflip and Symbiosis moved about $140 million off Tron. Elliptic counts $2.85 billion frozen or seized, 44% of $6.43 billion stolen, and $3.25 billion in assets no issuer can freeze. The FBI urged THORChain and others to block listed addresses.
TL;DR Reports DPRK TraderTraitor moving $242 million of Binance loot through Tron bridges and swaps while the FBI asks THORChain to block addresses.
Organisations named here
- FBI
- Binance
- Chainflip
- Elliptic
- Relay
- SomaXBT
- Symbiosis
Technologies named here
- Elliptic
- TRON
- Binance
- THORChain
- Chainflip
- Relay
- Symbiosis
Concepts named here
- Asset freezing and seizure
Threat actors named here
- TraderTraitor
- DPRK
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