Add as a preferred source on GoogleBinance Theft-Linked Wallets Move 44 Million XRP, Mostly Into Bitcoin
About 2,300 BTC in related proceeds had reached new addresses by 3 a.m. ET Nov. 7.
About 44 million XRP tied to the Binance theft left addresses holding the stolen tokens overnight through Nov. 7, with most exchanged for Bitcoin (BTC) through THORChain.
The XRP outflow was worth about $51 million. At 3 a.m. ET Nov. 7 (08:00 UTC), roughly 148 million XRP, valued at $173 million, remained in theft-linked addresses.
About 2,300 BTC worth $175 million had reached new Bitcoin addresses after conversion from other stolen assets. The attacker’s main Bitcoin and Ether (ETH) holdings remained unmoved; the 2,300 BTC figure tracks converted funds separately.
Mixing activity also increased. About 53 BTC worth $4 million entered Wasabi-style CoinJoin transactions overnight, bringing the total sent through that method to roughly 88 BTC, or $6.7 million.
The movements are part of the continuing transfer and conversion of assets stolen from Binance.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.