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Oct 31, 2026

North Korean hackers launder $242 million from Binance through Tron and THORChain

Blockchain analysts traced approximately $242 million of stolen Binance funds moving through Tron-based protocols including Relay and THORChain, with the FBI issuing blocking requests to node operators. Separate analysis shows funds also moved to Solana.

Oct 31, 2026·2 sources

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Top claims

▪Onchain analyst SomaXBT said North Korean hackers laundered approximately $242 million of stolen Binance funds on the Tron blockchain over two days following the October 29, 2026 Binance hack
▪An Ethereum chain reorganization caused THORChain to double-refund a 10 ETH deposit on October 31, 2026, triggering an emergency pause across 10 connected chains
▪North Korean hackers attributed to the state-sponsored TraderTraitor group stole approximately $6.3 billion from Binance on October 29, 2026, marking the largest cryptocurrency hack on record

Topics

Crypto security Bridge & cross-chain exploits Stablecoins Binance hot-wallet breach Crypto exchanges Crypto enforcement actions Crypto hacks

Related entities

USDT Xrp Relay Symbiosis Ethereum North Korea