Binance hackers started transferring coins. They use traditional procedures to cover up tracks. Hackers transferred 1214 BTC ($7.3 million) out of 7000 coins stolen from Binance to new addresses on May 8, according to the blockchain startup Coinfirm. The rest 5786 BTC (~$35 million) remained untouched in the wallets where they had been initially transferred. However, later the hackers send another lot of 1227 coins to two new addresses. One address got 707 BTC, and the other one got 520 BTC. According to a journalist and blockchain analyst Amy Castor, this way the bad guy try to cover their tracks. “Money laundering 101: breaking the transactions up into smaller and smaller amounts making them more and more difficult to track,” she said. Meanwhile, the head of the hacked exchange Zhao confessed that they considered the rollback on Bitcoin network to prevent the hackers from using the stolen coins. However, eventually they rejected the idea due to the potentially negative consequences for the network and the cryptocurrency community. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/NOK bounces off session lows near 9.77 post-NB FX Street 3 years Binance hackers started transferring coins. They use traditional procedures to cover up tracks. Hackers transferred 1214 BTC ($7.3 million) out of 7000 coins stolen from Binance to new addresses on May 8, according to the blockchain startup Coinfirm. The rest 5786 BTC (~$35 million) remained untouched in the wallets where they had been initially transferred. However, later the hackers send another lot of 1227 coins to two new addresses. One address got 707 BTC, and the other one got 520 BTC. According to a journalist and blockchain analyst Amy Castor, this way the bad guy try to cover their… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
