Analysis: Binance Hacker Laundered About $242 Million via Tron in Two Days

November 2: On-chain analyst and SEAL contributor SomaXBT posted on X that in the two days since the Binance theft, the attacker has laundered about $242 million through Tron alone. Of the roughly $6.3 billion in stolen assets, about $628 million is on Tron; after Tether froze 378.7 million USDT, about $249 million remains transferable. Of the laundered funds, about $194 million was moved out of Tron via cross-chain bridges and swap services, including about $48 million via Relay, $44 million via THORChain, $32.1 million via Chainflip, and $16 million via Symbiosis; another roughly $41.7 million was processed via Bitget Wallet, with its destination not yet clear.