Binance hacker accelerates money laundering efforts, 12 million TRX transferred and continues to be split.

BlockBeats news, October 31 - According to Onchain Lens monitoring, the hacker group involved in the Binance attack is accelerating money laundering activities by repeatedly splitting funds into multiple wallets through automated transfers, then transferring them back to previously used addresses, and subsequently redistributing them to new destination addresses to increase the difficulty of fund tracking.

The latest transfer involved 120 million TRX, approximately $38.78 million at the price at that time, and the related funds continued to be dispersed to other addresses after the transfer. Onchain Lens pointed out that this automated fund transfer pattern adopted by the attackers was previously uncommon.