Elliptic: Approximately 3240000000 USD of Binance’s stolen assets remain in linked addresses, with some having entered CoinJoin
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AT A GLANCE
Elliptic stated that approximately 3240000000 USD of Binance’s stolen assets remain in linked addresses, with some BTC having entered mixing services.
Article
Security firm: Approximately 3240000000 USD of Binance’s stolen assets remain in linked addresses, with some funds having entered mixing services.
PANews November 2 reported that blockchain analytics firm Elliptic stated that, as of Beijing time November 2 th, 15: 30 approximately 3240000000 USD of Binance’s stolen assets remained in related addresses, primarily ETH and BTC; approximately 2850000000 USD had been frozen or seized. Elliptic stated that, in fewer than 4 days, money-laundering activity involved approximately 11 wallets across 12000 blockchains and more than 40000 transactions. As of that day 14: 02, approximately 28 BTC had undergone 18 mixing transactions. The firm believes that only a very small amount of funds may have been cashed out so far. On-chain indicators show that fund transfers used conventional automation, but there is no evidence that CoinJoin agents were involved in decision-making.AI🔗https://www.panewslab.com/zh/articles/01a19c1b-8d06-7642-be8c-277f413872fe
Key points
01
As of Beijing time November 2 th, 15: 30 approximately 3240000000 USD of Binance’s stolen assets remained in related addresses, primarily ETH and BTC。
02
Approximately 2850000000 USD has been frozen or seized.
03
In fewer than 4 days, money-laundering activity involved approximately 11 wallets across 12000 blockchains and more than 40000 transactions.
04
As of that day 14: 02, approximately 28 BTC had undergone 18 CoinJoin mixing transactions.
05
Elliptic stated that only a very small amount of funds may have been cashed out so far.
06
On-chain indicators show that fund transfers used conventional automation, but there is no evidence that AI agents were involved in decision-making.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a security alert regarding the on-chain movement of Binance’s stolen assets. The report states that a large amount of assets remains in related addresses, and some BTC have undergone CoinJoin mixing, increasing the difficulty of tracking fund flows.
Why it matters to readers
The scale of the stolen assets is substantial, and some funds have entered mixing transactions; subsequent transfers and progress on freezing or seizure warrant attention.
CoinJoin is a method of mixing multiple Bitcoin transactions, which may make the source and destination of funds more difficult to trace.
Risks and unknowns
The provided material does not include the full original Elliptic report.
The material does not specify how much of the approximately 3240000000 USD consists of ETH and BTC。
The material does not state whether more funds will subsequently enter mixing services or be recovered.
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CoinJoin
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