Transfers Tied to Alleged Binance Theft Passed Through THORChain, Chainflip

Over the two to three days before Nov. 10, funds linked to an alleged Binance theft passed through THORChain and Chainflip, while an estimated $891 million may have been moved or laundered. The estimate places the total at about $6.34 billion.

About $5.45 billion remains outside that moved-or-laundered category. Of that balance, roughly $2.85 billion is still under the suspected hackers' control, while about $2.6 billion has been frozen. Together, the three amounts account for the reported total, with figures rounded.

The transfers took place over the two to three days before Nov. 10 and passed through THORChain and Chainflip, both cross-chain protocols. Neither protocol had restricted activity from the wallets linked to the funds at the time of the update.

The potentially moved or laundered amount is separate from the funds that have been frozen.