The Binance hacker has successfully laundered the stolen funds by dividing them into 19 wallets, totaling 18,270 coins. Each of the 17 wallets contains exactly 1,000 BTC, while the remaining two wallets hold 1,023 and 1,027 BTC respectively. The blockchain analysis by CoinDesk shows that none of the wallets have been moved since Thursday night, indicating a deliberate attempt to conceal the hacker's identity. The hack occurred on May 7, when Binance was compromised, resulting in the loss of 7,000 BTC, later increased to 10,000 and then 7,000 again. The total amount of stolen funds is now estimated at $1.4 billion.
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.