TRON served as a major early route for moving assets stolen in the Binance hack, according to an Elliptic investigation published on November 2. The firm traced approximately $3.24 billion in digital assets across nearly 7,700 TRON addresses before activity shifted to Ethereum, Solana, and other networks. The attackers swapped 234 million stolen USDT for TRX on SunSwap, while $147 million left the TRON network through 1,113 transfers over 51 hours. After Tether froze the remaining USDT, the funds were split among thousands of wallets and bridges, making them harder to trace. The FBI attributed the theft of approximately $6.3 billion to North Korea’s TraderTraitor group, and only a small amount was likely converted into cash.
Source: Read the original article
