Funds from Binance hack flow to Chinese money launderers, Chainalysis says

Summary

Stolen assets from the Binance hack are moving to Chinese money launderers, according to blockchain analytics firm Chainalysis, as reported by The Japan Times. The hackers have transferred the stolen assets through thousands of digital wallets and across multiple blockchains to obscure their origins.

Timeline

1. The Japan Times

   6 Nov 2026, 08:25 UTCSource ↗

   The Japan Times reports that Chainalysis says funds from the Binance hack are flowing to Chinese launderers, with the hackers moving stolen assets through thousands of digital wallets and multiple blockchains to obscure their origins.