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Elliptic: Binance Hacker Swaps $175M in Stolen Altcoins for ~2,300 BTC

The Binance hacker has converted roughly $175 million in stolen altcoins into about 2,300 bitcoin, Elliptic co-founder and chief scientist Tom Robinson said. The funds moved across 16 blockchains, more than 20,000 wallets and at least 65,000 transactions, with about 88 BTC run through Wasabi Wallet for mixing. Robinson said the hacker’s main bitcoin and ether holdings remain untouched; Arkham Intelligence data showed 18,384.725 BTC in linked addresses as of 10 a.m. ET on Nov. 7, with no sign of the additional ~2,300 BTC.

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