North Korea-linked hackers behind the $6.4 billion Binance heist have moved stolen funds across more than 20,000 wallets and 16 blockchains, converting about $124 million into Bitcoin while likely cashing out only a small amount, Elliptic said. Around $2.85 billion, or 44% of the stolen crypto, remains frozen or seized, up from an earlier Elliptic tally of 12,000 wallets across 11 blockchains.
The Oct 29 breach also prompted the Federal Reserve and the Office of the Comptroller of the Currency to contact US banks to check for unusual activity or system vulnerabilities, Reuters reported, citing sources, while Chainalysis said some stolen assets have reached Chinese money-laundering networks. Security Alliance estimates the attackers had access to Binance’s systems for roughly eight weeks after using a fake job interview to infect an engineer’s computer and hijack an internal AI tool.