@chainalysis: Automated laundering of Binance exploit funds shows new patterns

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Our investigators are observing never-seen-before laundering patterns with the stolen funds from the Binance exploit. Thousands of transactions in a short period suggest that the attackers are using automation to obscure the trail of funds. Rather than simply moving funds onward, they repeatedly circulate them among addresses, often sending funds back to addresses involved earlier in the sequence. Read more: https://www.chainalysis.com/blog/binance…

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@chainalysis: Automated laundering of Binance exploit funds shows new patterns

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Chainalysis investigators say they are observing never-before-seen laundering patterns involving funds stolen in the Binance exploit. The article says thousands of transactions in a short period suggest the attackers are using automation to obscure the trail of funds. Rather than simply moving funds onward, the attackers repeatedly circulate them among addresses, often sending funds back to addresses involved earlier in the sequence.

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