Binance Hackers Swap Stolen Solana for Bitcoin After Emptying Tron Holding Wallets

TL;DR Binance attackers moved 486,970 SOL worth $46.4 million and began swapping into Bitcoin through Relay as laundering activity expanded beyond Tron. SomaXBT estimated $242 million actually left Tron holding wallets, warning that roughly $500 million in observed transfers included repeated movements rather than fresh outflows. The shift into Bitcoin complicates recovery because BTC lacks issuer-level freezing, although transactions remain traceable and cooperating exchanges or services can intercept identified funds. The attackers behind Binance’s $6.3 billion breach have begun converting stolen Solana assets into Bitcoin , extending a laundering sequence that previously moved heavily through Tron. Lookonchain reported that 486,970 SOL, worth about $46.4 million, was transferred and swapped for BTC through Relay.

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