"Racing Against the Freeze: How Did North Korean Hackers Launder $6.4 Billion from Binance?" (by Dr. Tom Robinson, Elliptic) This article tracks the flow of approximately $6.43 billion stolen from Binance using on-chain data, revealing how North Korean hackers transferred assets in less than four days using approximately 12,000 wallets and over 40,000 transactions. The attackers used DEX exchanges, cross-chain bridges, lending protocols, and Coinjoin mixing to convert some funds into assets such as ETH and TRX before the stablecoins were frozen, and increased the difficulty of tracing by splitting the assets across multiple chains. Currently, approximately $2.85 billion in assets have been frozen or seized, with the majority of the remaining funds still dispersed in associated addresses. The article points out that the money laundering process was highly automated, but there is no evidence that AI was involved in the decision-making process. The funds may have been gradually converted into BTC and cashed out through OTC channels. Read the full article: https://(wublock123.com)/articles/north-korea-hackers-wash-binance-6-4billion-usd-59784