ReportedotherStatement 305
The pattern of transactions suggests that much of the laundering was carried out by software rather than by hand.
Elliptic said the pattern of transactions suggests much of the laundering was carried out by software rather than by hand.
This line is our short summary of the quote below. The quote is the evidence.
Cited in theories
- AI agents were used in the attack or the laundering: Context. Elliptic: software rather than hand.
Other statements from the same source
ReportedattributionStatement 787
Elliptic said the FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.
The FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.
ReportedattributionStatement 786
Elliptic said the long preparation, the apparent targeting of staff and the use of Binance's own systems to sign transactions resemble earlier TraderTraitor thefts, including Bybit.
The long preparation, the apparent targeting of staff and the use of Binance's own systems to sign transactions resemble earlier TraderTraitor thefts, including Bybit.
ReportedattributionStatement 785
Elliptic said it identified common service usage between those laundering the Binance funds and those behind three earlier thefts attributed to TraderTraitor, from BigONE, WOO X and AFX.
Elliptic has identified common service usage between those laundering the Binance funds and those behind three earlier thefts attributed to TraderTraitor, from BigONE, WOO X and AFX.
ReportedamountStatement 312
Elliptic said $6.43 billion in cryptoassets was stolen from Binance on 29 October 2026.
On October 29, 2026, $6.43 billion in cryptoassets were stolen from Binance, the world's largest cryptoasset exchange, according to Elliptic's analysis.
ReportedamountStatement 311
Elliptic said its total excludes a further $169 million that left Binance after withdrawals were suspended, which it described as appearing to be Binance moving its own funds.
Elliptic's total excludes a further $169 million that left Binance after withdrawals were suspended.