Binance hackers move 81% of stolen Solana, route funds via THORChain
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps.
The attackers behind the $6.3 billion Binance hack have moved about 81% of the stolen Solana (SOL) as they continue laundering assets through the cross-chain swap protocol THORChain.
Wallets grouped under the Binance hacker entity held 182,443 SOL (worth $16.9 million), or roughly 18.8% of the total 970,522 SOL stolen during the exploit, according to blockchain data platform Arkham.
Lookonchain reported on Wednesday that the attackers split SOL across multiple wallets, selling it for USDC, bridging to Ethereum to buy Ether, and ultimately swapping ETH for Bitcoin (BTC) via THORChain.