Blockchain analytics firm Chainalysis said the Binance hacker swapped about $325 million in an apparent effort to avoid asset freezes, according to a report cited by The Defiant. The firm said roughly $2.8 billion in related assets has been frozen so far. Chainalysis also described transaction patterns that, in its view, point to automated laundering activity. The source material available for this item is limited and does not include additional detail on wallet addresses, counterparties, or the exact route of the transfers. The report centers on two main findings: the scale of funds moved despite freeze efforts, and the structure of onchain activity that Chainalysis says suggests automation.
Chainalysis said the Binance hacker swapped about $325 million to evade asset freezes.
Report points to frozen assets and automated laundering patterns
According to The Defiant, findings from Chainalysis put frozen assets at about $2.8 billion. The firm also described transaction patterns that it said suggest automated laundering.
The available source text does not provide more detail on the transfer routes, wallet addresses, or which parties carried out the freezes.
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