The $6.3B Binance breach continues to impact the market as hackers shift their strategy. Chainalysis data reveals the perpetrators are now swapping stolen Solana for Bitcoin to obfuscate the trail.

This movement signals a transition from initial asset seizure to a laundering phase. Gate has frozen two linked accounts as US investigators urge platforms to block transactions tied to the massive theft.

For institutional participants, this event underscores the systemic risk of large scale exploits and the evolving forensic response to track stolen capital across multiple chains.

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