🚨 10,000 wallets and an operation to cover the tracks of one of the biggest heists in crypto history.
The investigation published by The Wall Street Journal reveals how the attackers behind the Binance incident split the funds across thousands of addresses and used various services to move the assets.
According to Chainalysis, THORChain processed more than US$46 million linked to the theft during the first 72 hours.
Meanwhile, Binance reported that it had frozen or intercepted approximately US$2.85 billion as of November 3.
The question is no longer just how the attack happened, but how much of the funds can be recovered and what responsibility the platforms that facilitate their movement bear.
🔎 In the crypto world, moving money leaves traces. And following them can be a race against time.
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