According to investigator dethective, the laundering of several hundred million dollars stolen from Binance generated more than $100,000 in daily protocol revenue for five decentralized finance services between October 29 and November 1. SunSwap, THORChain, Relay, Symbiosis, and Chainflip earned $29,697, $28,184, slightly more than $23,000, just over $11,500, and $7,433 respectively, for a combined total of $101,144. THORChain’s and Relay’s daily revenues rose by 2,229% and 1,954% from their typical October levels, while SunSwap’s increased by 815%. A separate investigation estimates that $242 million was transferred through the Tron network, including more than $48 million through THORChain, before Tether froze over $378 million in USDT. Analysts said more than $3 billion in stolen funds remained untouched across other blockchains, while the FBI formally attributed the Binance hack to the North Korean group TraderTraitor.
Source: Read the original article
