Binance hackers are using incredibly sophisticated money laundering schemes, with stolen funds circulating through thousands of transactions, Chain reports. North Koreans send money between wallets, including back to previously held addresses. Speed ​​and repeating patterns indicate automation designed to hide the money trail. The first results of Elliptic's research showed that hackers were quick to exchange frozen stablecoins on the site and transfer funds between addresses before blacklists were introduced.

Binance hackers are using incredibly sophisticated money laundering schemes, with stolen funds circulating through thousands of transactions, Chain reports. North Koreans send money between wallets, including back to previously held addresses. Speed ​​and repeating patterns indicate automation designed to hide the money trail. The first results of Elliptic's research showed that hackers were quick to exchange frozen stablecoins on the site and transfer funds between addresses before blacklists were introduced.

Hackers used the DeFi cryptographic project. The site froze 1.77 billion USDT, Circle - 825 million USDC. The hackers deposited 60 million USDT as collateral on Aave and borrowed 19,762 sites (about $44.6 million). Eva was left with a frozen deposit, and the sites already flew away, albeit with losses due to the unfavorable exchange rate.