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SecurityQuiet 5d · day 6

North Korean hackers expected to launder Binance billions over months

Chainalysis and Elliptic analysts say stolen crypto will flow through DeFi protocols and automated systems.

newest coverage 5d agosummary written 5d ago3 pieces Google NewsNewswires

What to know

  • Chainalysis and Elliptic forecast a months-long money laundering operation for the stolen Binance crypto
  • Hackers are expected to use DeFi lending protocols and scripted automation to move funds
  • The analysis provides insight into how stolen cryptocurrency proceeds are typically processed

Chainalysis Blockchain analysis firmElliptic Blockchain analysis firm

How it unfolded 1 development · click the chart to see its coverage articles

Peak 2 pieces in two hours at Nov 3, 5 AM; 3 pieces over 6 days (3 articles) Nov 2, 7 PM — 1 piece · 1 article — Google News 1Nov 2, 9 PM — quietNov 2, 11 PM — quietNov 3, 1 AM — quietNov 3, 3 AM — quietNov 3, 5 AM — 2 pieces · 2 articles — Newswires 2Nov 3, 7 AM — quietNov 3, 9 AM — quietNov 3, 11 AM — quietNov 3, 1 PM — quietNov 3, 3 PM — quietNov 3, 5 PM — quietNov 3, 7 PM — quietNov 3, 9 PM — quietNov 3, 11 PM — quietNov 4, 1 AM — quietNov 4, 3 AM — quietNov 4, 5 AM — quietNov 4, 7 AM — quietNov 4, 9 AM — quietNov 4, 11 AM — quietNov 4, 1 PM — quietNov 4, 3 PM — quietNov 4, 5 PM — quietNov 4, 7 PM — quietNov 4, 9 PM — quietNov 4, 11 PM — quietNov 5, 1 AM — quietNov 5, 3 AM — quietNov 5, 5 AM — quietNov 5, 7 AM — quietNov 5, 9 AM — quietNov 5, 11 AM — quietNov 5, 1 PM — quietNov 5, 3 PM — quietNov 5, 5 PM — quietNov 5, 7 PM — quietNov 5, 9 PM — quietNov 5, 11 PM — quietNov 6, 1 AM — quietNov 6, 3 AM — quietNov 6, 5 AM — quietNov 6, 7 AM — quietNov 6, 9 AM — quietNov 6, 11 AM — quietNov 6, 1 PM — quietNov 6, 3 PM — quietNov 6, 5 PM — quietNov 6, 7 PM — quietNov 6, 9 PM — quietNov 6, 11 PM — quietYesterday, 1 AM — quietYesterday, 3 AM — quietYesterday, 5 AM — quietYesterday, 7 AM — quietYesterday, 9 AM — quietYesterday, 11 AM — quietYesterday, 1 PM — quietYesterday, 3 PM — quietYesterday, 5 PM — quietYesterday, 7 PM — quietYesterday, 9 PM — quietYesterday, 11 PM — quietToday, 1 AM — quietToday, 3 AM — quietToday, 5 AM — quietToday, 7 AM — quietToday, 9 AM — quiet 1
Nov 3Nov 4Nov 5Nov 6yesterdaynow · 11:25 AM ET
  1. 1

    Chainalysis and Elliptic forecast laundering timeline for stolen Binance funds

    Blockchain analysis firms Chainalysis and Elliptic project that North Korean hackers will require months to launder the stolen Binance proceeds, using scripted automation and DeFi lending protocols as the primary channels for moving the stolen cryptocurrency.

    1. 1 outlet North Korean hackers expected to take months to launder stolen Binance billions

      first by Financial Times, 5d ago

      2 more headlines