Chainalysis attributes the breach to TraderTraitor based on on-chain activity: stolen Binance funds commingled in real time with funds from last month's Bitget exploit, already linked to North Korean actors. The October 29 attack began around 4:20 p.m. ET, with roughly $6.4 billion moved via attacker-deployed code and signed transfers. The attacker raced to convert freezable stablecoins, swapping $325 million into $285 million of ETH. Freezes began by 5:14 p.m., with about $2.8 billion frozen so far. Investigators also report unusual automated laundering patterns, including thousands of rapid transactions and repeated 1 TRX transfers.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
Spread
i
Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
479 accounts

22 reports
first post
Leviathan +17.3 h later

Thread · 8 of 23 events · 2 mitigation · last update 30 Oct 13:37
  1. First reportUnconfirmed report says a Binance wallet was drained into a new address38 acc.
  2. UpdatePosts claim Binance was hacked for billions in crypto assets139 acc.
  3. ReactionEthena flags a potential security incident involving Binance82 acc.
  4. MitigationPaxos freezes 1,906.67 PAXG linked to Binance security incident3 acc.
  5. MitigationBinance 14 revokes EIP-7702 delegation after a 2,961 ETH transfer was left at risk4 acc.
  6. UpdateBinance says compromised DevOps laptop caused breach, with no evidence of wallet-key leak123 acc.
  7. UpdateStolen funds from Binance and Bitget exploits reportedly converge at an address linked to the Phemex hack23 acc.
  8. ReactionPosts react to a report blaming North Korea for a $6 billion Binance hack3 acc.
  9. Leviathan published this article

All times UTC.

Cited posts

  • @spreekaway SpreekFirst reportOn X ↗

    Unconfirmed, but possibly massive binance hack. Entire Binance wallet drained into new EOA. Contract call was funded by Tornado Cash

  • @credo__v CredoOn X ↗

    *UNCONFIRMED, BUT POSSIBLY MASSIVE BINANCE HACK. ENTIRE BINANCE WALLET DRAINED INTO NEW EOA. CONTRACT CALL WAS FUNDED BY TORNADO CASH - @spreekaway

  • @0xD0M_ DominicOn X ↗

    Unconfirmed, but possibly massive binance hack. Entire Binance wallet drained into new EOA. Contract call was funded by Tornado Cash@cz_binance are we safe ?

Show 3 more cited posts
  • @shoaib_szn SHOAIB UDDINOn X ↗

    🚨 BREAKING: multiple reports that a Binance hack is ongoing. An entire Binance wallet was drained into a new EOA after a contract call funded by Tornado Cash.

  • @Vlad_Web3 vladOn X ↗

    🚨BREAKING: possibly massive Binance hack unconfirmed, but a binance hot wallet looks drained into a new EOA ~$2.71B now sits there: 195,469 ETH (~$452M) $1.75B in 63 tokens the contract call was reportedly funded by Tornado Cash +1,409 BTC ($113M) just left binance for an…

  • @JakeGagain JAKEOn X ↗

    Kim Jung Un did it again This time for SIX BILLION! https://t.co/FdOsuTJwCE

473 more accounts posted about this · 16 Telegram channels (no public link)

Social-monitoring data, not investment advice Elfa post text from Xas of

Explore the topic

Loading related coverage…

Explore the full feed

Comments

Loading comments…