Eight days after the Binance hack, which stole $6.43 billion, $3.11 billion remains immobilized in addresses linked to the theft, according to Elliptic. Tether and Circle froze or seized $2.85 billion in stablecoins in less than an hour, making 44% of the stolen funds almost immediately unusable. The attackers used more than 20,000 wallets and 65,000 transactions, mainly on Tron and then Ethereum, while about $124 million has already been converted into bitcoin. Elliptic says the process is clearly automated, but there is no evidence that artificial intelligence agents were used; the thieves are still expected to convert the remaining funds into bitcoin and gradually offload them through brokers.
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