Coin Bureau|Oct 21, 2026 06:13
⚠️ ALERT: An institution is suspected to have lost $2.84 MILLION on BSC to North Korea-linked SquidSquad, ZachXBT reports.
Following the October 8 attack, the hacker deposited 1,111.2 ETH into Tornado Cash on October 20 and withdrew to three addresses.
Funds then moved through intermediaries to Chinese OTC desks within minutes, likely to evade a potential Tether freeze.
ZachXBT says both consolidation addresses had exposure to previously identified DPRK-linked addresses.
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