ReportedrecoveryStatement 1342
Only a negligible amount appears to have been cashed out. About $16 million has also flowed to addresses holding proceeds of September’s Bitget exploit.
Decrypt reported that only a negligible amount appears to have been cashed out, and that about $16 million has also flowed to addresses holding proceeds of September’s Bitget exploit.
This line is our short summary of the quote below. The quote is the evidence.
From this source: North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds, with all of its statements.
Other statements from the same source
ReportedfreezeStatement 1343
Decrypt reported that Elliptic expects the attacker to swap its ETH for Bitcoin in small batches and cash out through over-the-counter brokers over a period of months, and that further freezes will be harder.
Based on the Bybit playbook, Elliptic expects the attacker to swap its ETH for Bitcoin in small batches and cash out through over-the-counter brokers over a period of months. Further freezes will be harder, the firm said, since ETH and Bitcoin can’t be frozen. The best remaining chances lie with centralized services, where the funds will eventually have to surface.
ReportedrecoveryStatement 1340
Decrypt reported that about $3.24 billion remains in addresses linked to the theft, mostly ETH and the 18,270 stolen Bitcoin, which have not moved since the day of the attack.
About $3.24 billion remains in addresses linked to the theft, mostly ETH and the 18,270 stolen Bitcoin, which haven’t moved since the day of the attack.
Reportedroot causeStatement 1339
Decrypt reported Elliptic writing that the laundering is clearly automated and that nothing it has seen shows an AI agent making decisions.
The firm wrote that while the laundering is clearly automated, “nothing we have seen shows an AI agent making decisions.”
ReportedotherStatement 1333
Decrypt reported that the attacker has used about 12,000 wallets and more than 40,000 transactions in under four days, which Elliptic calls automation, not AI.
The attacker has used about 12,000 wallets and more than 40,000 transactions in under four days, which Elliptic calls automation, not AI.
ReportedfreezeStatement 1332
Decrypt reported Elliptic saying that about 44% of the $6.43 billion stolen from Binance has been frozen or seized.
About 44% of the $6.43 billion stolen from Binance has been frozen or seized, Elliptic said, after Tether and Circle moved within minutes to lock up stolen stablecoins.