Elliptic says Binance hackers swapped stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings
Elliptic says little of the stolen crypto has likely been cashed out, while $2.85 billion remains frozen.
What happened
Elliptic says little of the stolen crypto has likely been cashed out, while $2.85 billion remains frozen.
Why it matters
The incident may affect operational continuity, asset safety or trust around Bitcoin, Binance. Watch for verified scope and remediation.
Affected entities
Bitcoin · BTCNeutralBinanceNeutral
View evidence
1 reports · 1 original report · 1 independent
- The BlockPrimary source · Supports · EN · 100%Elliptic says Binance hackers swapped stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings ↗
Claims
- Elliptic says Binance hackers swapped stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
- Unverified · 88/62%
Market move following event
BTC · 15 min+0.02%
BTC · 1 h-0.20%
BTC · 4 hUnavailable
BTC · 24 hUnavailable
Score explanation
Confidence · formula confidence-2.1.0
Source trust72
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude96
Market relevance74
Entity significance98
Market breadth63
Novelty68
Urgency95
capital magnitude100
Ranking · formula rank-1.0.0
Confidence factor0.829
Freshness factor0.9971
Breaking bonus8