$6.36 Billion Was Stolen. Fees Were Earned as the Money Moved.
π¨ $6.36 billion was stolen. Fees were earned as the money moved. On October 29, 2026, approximately $6.36 billion in assets was stolen from Binance across 10 blockchains. TRM Labs attributed the attack to TraderTraitor, a North Korea-linked hacking group.
π¨ $6.36 billion was stolen. Fees were earned as the money moved.
On October 29, 2026, approximately $6.36 billion in assets was stolen from Binance across 10 blockchains. TRM Labs attributed the attack to TraderTraitor, a North Korea-linked hacking group.
π Where the funds moved
β’ $242 million β estimated funds moved or laundered through Tron over two days
β’ $140.1 million β total transferred through four major routes, including Relay, THORChain, Chainflip and Symbiosis
β’ Approximately $95,000 β estimated THORChain interface affiliate fees
π‘ Who benefits?
Hacked funds do not simply move from wallet to wallet. As they pass through decentralized exchanges, bridges and cross-chain protocols, some services earn fees.
Someone loses billions, and someone earns fees.
This is what we need to pay attention to. The amount of money moving matters, but so does examining who benefits financially from those movements and what revenue models are at work.
β οΈ Funds moved β fee revenue β criminal complicity
The amount of funds moved is different from the fees earned, and receiving fees does not in itself imply complicity in a crime.
Who profits from illicit funds?
For informational purposes only. Not financial advice.