Hackers are using a laundering technique that has NEVER been seen before. And the way they're moving stolen crypto is raising serious questions.
According to Chainalysis:
Stolen funds are rapidly circulating through thousands of transactions.
Hackers are sending money between wallets repeatedly, even returning to previously used addresses.
Automated patterns suggest a deliberate attempt to confuse blockchain investigators.
Freezeable stablecoins were quickly swapped into ETH and other assets.
Binance says attackers even used a self-destruct mechanism to erase tools and traces.
Here's what makes this particularly interesting:
Almost NONE of the stolen funds had initially reached mixers, bridges or exchanges, according to Elliptic.
Are we witnessing a completely new generation of crypto laundering tactics?
One thing is clear: Making stolen funds harder to trace doesn't make them invisible.$ENA
$BTC $ETH
According to Chainalysis:
Stolen funds are rapidly circulating through thousands of transactions.
Hackers are sending money between wallets repeatedly, even returning to previously used addresses.
Automated patterns suggest a deliberate attempt to confuse blockchain investigators.
Freezeable stablecoins were quickly swapped into ETH and other assets.
Binance says attackers even used a self-destruct mechanism to erase tools and traces.
Here's what makes this particularly interesting:
Almost NONE of the stolen funds had initially reached mixers, bridges or exchanges, according to Elliptic.
Are we witnessing a completely new generation of crypto laundering tactics?
One thing is clear: Making stolen funds harder to trace doesn't make them invisible.$ENA
$BTC $ETH
