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North Korean hackers laundered about $242 million of funds stolen from Binance on the Tron network over two days, The Block reported, citing on-chain analyst SomaXBT.
The hackers were able to move about $249 million, excluding 378.7 million USDT frozen by Tether, and around $194 million of that was transferred to other networks through cross-chain bridges and swap services, according to the analysis. The main routes were Relay ($48 million), THORChain ($44 million), Chainflip ($32.1 million) and Symbiosis ($16 million). The FBI identified the North Korean hacking group TraderTraitor as being behind the attack and urged the industry to block transactions involving related addresses.