A post by @WuBlockchain on X.
Elliptic: 44% of $6.43B Stolen From Binance Has Been Frozen or Seized
@WuBlockchain on X
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Elliptic reports that 44% of the roughly $6.43 billion stolen from Binance has been frozen or seized, with laundering spanning 11 blockchains, around 12,000 wallets, and more than 40,000 transactions. Approximately $2.85 billion has been immobilized, while about $3.24 billion remains in linked addresses, per blockchain analytics firm Elliptic. Tron emerged as a major laundering route, with stolen funds dispersed across roughly 7,700 addresses, and the attacker has begun using CoinJoin mixing to obscure fund flows. Additionally, about $16 million was traced to addresses linked to the earlier Bitget hack, suggesting possible overlap between the two incidents. The scale of the breach and the pace of asset freezes underscore growing coordination between exchanges, analytics firms, and law enforcement in tracking stolen crypto. Watch for further freeze actions on the remaining $3.24 billion and any movement of funds through mixers or cross-chain bridges.
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Named in this story
Binance, Elliptic, Tron (TRX), Bitget
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