Binance Hack: North Korea Moves $242M Through Tron While FBI Pushes THORChain to Act

TLDR North Korean hackers laundered about $242 million of the funds stolen from Binance on Tron in two days, per analyst SomaXBT. Relay, THORChain, Chainflip and Symbiosis moved about $140 million of it off Tron. The FBI blamed the TraderTraitor group and urged THORChain node operators and other services to block addresses tied to the hack. THORChain’s co-founder did not say whether node operators will block the listed addresses. Elliptic has verified $2.85 billion of the stolen funds as frozen or seized, but $3.25 billion sits in assets no issuer can freeze. North Korean hackers have laundered about $242 million of the funds stolen from Binance on the Tron blockchain in two days. Onchain analyst SomaXBT shared the figure on X on Sunday.

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