Breaking Down the Binance Hack: Timeline, Laundering Routes, and How Polytrop Helps Businesses Spot Stolen Funds

2026-11-03 • AMLBot •

https://blog.amlbot.com/binance-hack-explained/

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Attackers stole an estimated $6.3–$6.43 billion from Binance hot wallets across approximately ten blockchains on October 29, 2026, apparently after compromising internal transaction-signing infrastructure. The FBI attributed the theft to North Korea's TraderTraitor group, an assessment also supported by TRM Labs and other blockchain investigators. AMLBot traced at least $1.71 billion into thousands of downstream wallets, predominantly on Tron, with funds reaching decentralized exchanges, bridges, and Bitcoin mixers. Investigators also identified an Ethereum address that combined Binance funds with proceeds linked to the earlier Bitget theft.

Indicators of Compromise

Type Value First Seen Last Seen
WALLET 0x15104a9ce0f08a8f0075a0869ae80… 2026-11-03 2026-11-03
WALLET TSpe5HC3PRD2svJcr1YoGszhHk2mtky… 2026-11-03 2026-11-03

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