The money-laundering process utilizes 20,000 different addresses and 16 separate blockchains, though Elliptic reports that minimal funds have actually been converted to fiat.
Per a fresh update from blockchain analytics organization Elliptic, the culprits behind the recent $6.43 billion security breach at the Binance digital asset exchange have successfully converted roughly $124 million worth of alternative tokens into Originally published at https://www.theblock.co/news/markets/2026-11-06-binance-hackers-swap-stolen-tokens-124-million-bitcoin-exchange-plans-withdrawal-reopenings-435930.
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