1 min read
Add as a preferred source on Google

About $242 Million in Binance Theft Funds Moved Through Tron in Two Days

About $249 million in stolen assets remained transferable after Tether froze 378.7 million USDT.

Mentioned assets
A steel clamp pins one chain link on a narrow bridge / TokenPost.ai
A steel clamp pins one chain link on a narrow bridge / TokenPost.ai

About $242 million linked to the Binance theft moved through Tron in two days, while roughly $249 million in stolen assets remained transferable after Tether froze 378.7 million USDT.

About $628 million in stolen assets were on Tron. The frozen USDT and the remaining transferable funds were part of the same Tron flow.

About $194 million moved out of Tron through cross-chain bridges and exchange services. Roughly $48 million moved via Relay, $44 million through THORChain, $32.1 million through Chainflip and $16 million through Symbiosis.

A further $41.7 million was handled by Bitget Wallet, although its destination was not identified. That amount was separate from funds moved out of Tron through bridges and exchange services.

The two-day estimate tracks assets on Tron, the amount frozen by Tether and funds sent onward through named services.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…