Binance exploiter converts $911M in stolen assets to ETH and TRX, triggers ETH premium spike on Uniswap
The exploiter behind the Binance breach converted Binance Exploiter Swaps $911 Million Into ETH and TRX, Arkham Says.
in stolen assets into ETH and TRX, according to Arkham Intelligence. The conversions moved USDT beyond Tether’s token-freezing mechanism. The activity coincided with ETH trading at a ETH Trades at 20% Premium on Uniswap Versus Binance.
premium on Uniswap versus Binance, with hundreds of ETH changing hands at elevated stablecoin prices.
Arkham also reported that The conversions moved USDT beyond Tether’s token-freezing mechanism, while Arkham reported $2.8 billion of the stolen assets already frozen.
of the stolen assets have already been frozen. The exploiter dumped FUN and other tokens on Uniswap, driving FUN down FUN Plunges 95% in Uniswap Pool as Binance Exploiter Sells.
in its pool.
Sources: The Defiant
This article is for information only and is not financial advice.
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