Hacker Moves Stolen Binance Bitcoin To 7 Different Addresses

Hacker Moves Stolen Binance Bitcoin To 7 Different Addresses

As developments from the hacking of Binance continue, the suspected hacker has now moved the stolen bitcoin into 7 different addresses.

Following yesterday’s news of Binance being hacked and the response from Chang Zhao, the Binance CEO, addressing the crypto community via Twitter, the hacker has reportedly moved the stolen funds.

On Wednesday, a total of 7,074 bitcoins were taken from a Binance hot wallet in a single transaction to 44 outputs. 22 of which were Segrit addresses. These held 99.7% of the bitcoin in total. Now, he has moved them again, this time into 7 others. 6 of which are holding 1,060.6 BTC each, while another holds a smaller amount of 707.1 BTC.

According to the avid crypto commentator, Crypto Sara, it cost them just $68.72 in fees to move the $41millions stolen funds. Which, if nothing else, is a credit to how cheap blockchain transactions are in comparison to other mainstream services.

It is unclear what knowing the location of the bitcoin wallets means for the likelihood of it being retrieved, but this should become clear over the next couple of days so we will keep you informed.

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