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🩸BEARISH

Binance Attacker Moves $242M Through Tron After Exploit

Tether's $378.7M USDT freeze redirected laundering activity across multiple bridges, while more than $3B in stolen assets on other chains remains largely unmoved.

About two days after the Binance attack, the attacker moved approximately $242 million through Tron-related paths, according to on-chain analyst SomaXBT. Roughly $628 million in assets on Tron were stolen in the incident.

Why it matters

Tether froze about $378.7 million USDT, after which the attacker routed funds through Relay, THORChain, Chainflip, Symbiosis and other channels. The movement shows how quickly stolen funds can shift across cross-chain routes after a freeze.

Market impact

About $7.5 million remains on Tron. Another $41.7 million flowed through Bitget Wallet, with its destination unconfirmed. More than $3 billion in stolen assets held on other chains has largely remained unmoved.

Related tokens
$USDT $TRX

Frequently asked questions

  1. How much did the attacker move through Tron-related paths?

    The attacker moved approximately $242 million through Tron-related paths about two days after the Binance attack.

  2. How much in Tron assets was stolen in the incident?

    Roughly $628 million in assets on Tron were stolen.

  3. How much USDT did Tether freeze?

    Tether froze about $378.7 million USDT.

  4. Which routes did the attacker use after the USDT freeze?

    Funds moved through Relay, THORChain, Chainflip, Symbiosis and other channels.

  5. What is known about the funds that passed through Bitget Wallet?

    Approximately $41.7 million flowed through Bitget Wallet, but its destination remains unconfirmed.

Source attribution
Aggregated from WuBlockchain · Verified · Last refreshed 1h ago
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