News · Security & Hacks
Blockchain analytics firm traces roughly 12,000 wallets across 11 chains and identifies $3.24 billion in remaining hack-linked balances.
Key point 1 of 3
01
Elliptic flagged the first instance of Bitcoin mixing services used for Binance hack proceeds .
Key point 2 of 3
02
Investigators traced roughly 12,000 wallets linked to the exploit across 11 separate blockchains .
Key point 3 of 3
03
Remaining balances linked to the Binance breach across tracked addresses stand at $3.24 billion .
Context
The Binance breach generated multi-billion-dollar fund distributions across multiple blockchains, prompting ongoing tracking by major analytics firms .
Why it matters
Roughly 12,000 addresses across 11 chains and $3.24 billion in remaining balances are currently identified and mapped by analytics providers .
What to watch
Subsequent fund movements out of the remaining $3.24 billion in identified balances and further tracking updates from firms like Elliptic and Chainalysis .
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