Hack-linked bitcoin split into 19 wallets, CoinDesk says
In short
A hacker linked to Binance moved 18,270 bitcoin, worth about $1.4 billion, into 19 wallets, CoinDesk reported. Seventeen of the wallets each hold 1,000 BTC, and none has moved since Thursday night.
This matters because frozen or traced crypto can affect recovery efforts and market attention. The report does not say who controls the wallets or whether any funds can be seized.
What the reporting says
A hacker tied to Binance split 18,270 bitcoin, worth about $1.4 billion, into 19 wallets, according to a CoinDesk blockchain trace. The report says 17 of the wallets each hold exactly 1,000 BTC and none has moved since Thursday night. The source does not say who controls the wallets, whether funds are recoverable, or what Binance's response is.
Why it matters
A CoinDesk blockchain trace says 18,270 bitcoin linked to a Binance hack were split into 19 wallets, with 17 wallets holding exactly 1,000 BTC each and no movement since Thursday night. The report highlights a potential obstacle for anyone trying to freeze or recover the funds. It does not say who controls the wallets, how the split was executed, or whether authorities or Binance have identified the holder.