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North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds

Decrypt·November 2, 2026·1 min read
North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds

North Korea is laundering funds from the $6.43 billion Binance hack at a rate of one new wallet every 25 seconds, spanning 12,000 wallets. Authorities have frozen or seized $2.85 billion, compared with about 3% in the Bybit hack, highlighting the scale of automated laundering operations.

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