Binance hacker moves $46M in stolen SOL for Bitcoin swaps via Relay

Binance hacker-linked wallets have begun moving nearly $96 million in stolen Solana (SOL) toward Bitcoin conversions, opening another round of asset transfers after the October 29 attack on the cryptocurrency exchange. Summary Lookonchain says the Binance hacker is converting 970,522 stolen SOL, valued at $95.9 million, into Bitcoin. The attacker moved 486,970 SOL worth $46.4 million within one hour, with Relay Protocol identified as the swap route. Earlier transactions reportedly converted more than 130 altcoins into $277.26 million in ETH and $1.69 million in USDC. A separate PROM token sale reportedly returned only 0.0316 ETH, worth $71, from tokens valued near $5 million. The FBI has attributed the $6.3 billion Binance hack to North Korea’s TraderTraitor operation and urged crypto services to block related funds. According to Lookonchain’s latest findings, the attacker controlled 970,522 SOL valued at $95.9 million and moved 486,970 SOL worth $46.4 million within an hour. The blockchain tracker identified Relay Protocol as the service being used to swap SOL for BTC. The activity follows an earlier wave of transactions involving more than 130 altcoins. Investigators have been mo...