North Korean hackers have "laundered" $242 million stolen from Binance.

BlockBeats news, November 2 - On-chain analyst and Security Alliance (SEAL) contributor SomaXBT stated that North Korean hackers laundered approximately $242 million in stolen Binance funds within two days. Meanwhile, the U.S. Federal Bureau of Investigation (FBI) is pressuring THORChain and others to block related transactions.

SomaXBT stated that the stolen funds were transferred through multiple cryptocurrency cross-chain bridges, with Relay processing $48 million in outflows, THORChain processing $44 million, Chainflip processing $32.1 million, and Symbiosis processing $16 million, totaling approximately $140 million. However, the final destination of these funds has not yet been identified.

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