North Korean Hackers Laundering Record-Setting $6,400,000,000 Binance Haul via 12,000 Crypto Wallets Across 11 Chains: Elliptic

What happened

North Korean hackers behind last week’s record-setting $6.4 billion Binance heist are laundering crypto assets through a new wallet roughly every 25 seconds, per the blockchain analytics firm Elliptic. Elliptic notes in a new analysis that the highly complex laundering process.