bitcoin ·
Elliptic reports $3.1B stolen Binance crypto remains unlaundered across 16 blockchains
A substantial amount of $3.1 billion in cryptocurrency, which was taken from Binance, remains untraced in terms of laundering activities, according to Elliptic.
The majority of the illicitly obtained ETH and Bitcoin has not yet been moved, despite the threat actors employing over 20,000 digital wallets across 16 different blockchain networks thus far.
This situation highlights the ongoing challenges in tracking illicit financial flows within decentralized finance ecosystems, even when numerous on-chain actors are involved.
