The Wall Street Journal: Some service providers are still processing the stolen transactions from Binance after the FBI's appeal
Nov 9, 2026 10:32:09
According to The Wall Street Journal, the Binance hackers immediately launched a large-scale money laundering operation after their heist. According to Chainalysis data, the organization dispersed the funds to over 10,000 cryptocurrency wallets.
Some cryptocurrency service providers continued to process transactions related to the theft and charge fees even after the FBI called for a halt. THORChain processed over $46 million in stolen funds within 72 hours of the theft and charged over $200,000 in fees; nearly $4 million was mixed through Wasabi Wallet.
Some developers stated that they could not prevent North Korean hackers from laundering money through their platform, which has frustrated law enforcement agencies.