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Elliptic says Binance hackers swap stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings

Publisher
The Block (News media)
Original
https://www.theblock.co/news/markets/2026-11-06-binance-hackers-swap-stolen-tokens-124-million-bitcoin-exchange-plans-withdrawal-reopenings-435930
Published
First seen
Last captured
Watched for edits
No

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Newest first. The raw hash is the SHA-256 of the stored copy exactly as fetched. We keep the copy privately and publish its hash. The text hash is of the text extracted from it, which is what is compared between captures.

Captured (UTC)Fetched viaHTTPRaw sha256Text sha256Text changed
firecrawl-web082009fa711a7c4bdacc8ce728b114f5be6b420f8ec160ca00b10cb00f2dcab208b1456085a4776693e1705a0e9d9a802c259a07fbbc17b36a0974811577186db6d95No

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Claims quoted from this source

ReportedamountStatement 1800

Elliptic reported that by early Friday, roughly $50 million in XRP had been swapped, primarily into bitcoin, with about $226 million remaining.

Elliptic's report said that by early Friday, roughly $50 million in XRP had been swapped, primarily into bitcoin, with about $226 million remaining.

Speaker
Elliptic
Publisher
The Block (News media)
Original
Elliptic says Binance hackers swap stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings
Captured
Stored copy
sha256 9fa711a7c4bd
Published
ReportedfreezeStatement 1801

The Block reported, citing an Elliptic report, that around $3.11 billion, mostly in ether and bitcoin, remains in addresses linked to the attack, and that $2.85 billion of the total $6.43 billion has been frozen.

Around $3.11 billion, mostly in ether and bitcoin, remains in addresses linked to the attack, while $2.85 billion of the total $6.43 billion has been frozen.

Speaker
Elliptic
Publisher
The Block (News media)
Original
Elliptic says Binance hackers swap stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings
Captured
Stored copy
sha256 9fa711a7c4bd
Published
ReportedotherStatement 1802

The Block reported that Elliptic wrote that it expects the attackers to swap the rest of the ether for bitcoin in small batches before trying to cash it out through OTC brokers and Chinese money laundering networks.

Elliptic wrote that it expects the attackers to swap the rest of the ether for bitcoin in small batches before trying to cash it out through OTC brokers and Chinese money laundering networks.

Speaker
Elliptic
Publisher
The Block (News media)
Original
Elliptic says Binance hackers swap stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings
Captured
Stored copy
sha256 9fa711a7c4bd
Published