Onchain Lens estimates that approximately $891 million in assets from an alleged $6.34 billion Binance hack may have been transferred or used for money laundering. The tracker also estimates that $2.85 billion remains under the attackers' control and $2.6 billion has been frozen.
Why it matters
The figures point to a substantial amount of assets still under the alleged attackers' control despite the reported freeze. Onchain Lens said funds continued to move through THORChain and Chainflip over the past two to three days.
Market impact
The reported use of cross-chain services puts the movement of the remaining assets in focus. The figures for transferred, controlled and frozen assets are estimates attributed to Onchain Lens.
Frequently asked questions
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How much does Onchain Lens estimate remains under the attackers' control?
Onchain Lens estimates that approximately $2.85 billion remains under the attackers' control.
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How much of the allegedly stolen assets has been frozen?
Onchain Lens estimates that $2.6 billion in assets has been frozen.
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Which cross-chain services were used to move funds?
Onchain Lens said funds continued to move through THORChain and Chainflip.
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When did the reported cross-chain movements occur?
Onchain Lens said the attackers continued moving funds over the past two to three days.
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Does the $891M estimate mean all of those funds were laundered?
No. Onchain Lens estimates that the assets may have been transferred or used for money laundering.
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