TREE NEWS reports: The attacker behind the Binance hack has laundered about $242 million through Tron alone in the two days since the breach, on-chain analyst and SEAL contributor SomaXBT said. Of roughly $6.3 billion stolen, about $628 million sat on Tron; after Tether froze 378.7 million USDT, some $249 million remained movable. About $194 million left Tron via bridges and swap services — Relay roughly $48 million, THORChain $44 million, Chainflip $32.1 million, Symbiosis $16 million — while about $41.7 million was processed through Bitget Wallet with destination unclear.
Binance hacker laundered $242M via Tron in two days: analyst
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AI take
The scale of laundering within 48 hours shows how quickly large balances can be dispersed once stablecoin freezes narrow the attacker's options, pushing flows toward bridges and swap services rather than centralized venues. The concentration through Relay, THORChain and Chainflip puts cross-chain infrastructure under scrutiny as an exit route, while the Bitget Wallet trail with unclear destination is the loose end. Whether Tether's freeze tactic and bridge-level monitoring can keep pace with this dispersal speed is the open question.
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