Binance Hacker Moves $2.2M in Stolen Bitcoin Through CoinJoin to Obscure Funds

TL;DR Approximately 28 BTC, worth $2.2 million, entered 18 CoinJoin transactions between November 1 and November 2. Elliptic continues to track $3.24 billion in assets linked to the October 29 Binance theft across multiple blockchains. Binance has allocated more than $6.34 billion in company resources to replace affected assets, while blockchain investigators monitor movements. The attacker behind the October 29 Binance theft has started using Bitcoin privacy tools to complicate the tracking of funds . Blockchain analytics firm Elliptic identified approximately $2.2 million in Bitcoin moving through CoinJoin transactions, while billions of dollars in assets remain visible across public blockchain networks. The activity illustrates how sophisticated cryptocurrency transactions can make investigations more challenging without eliminating the transparency built into blockchain technology.

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