Before the freezes landed, the attacker converted around $786 million of stablecoins into ETH and TRX.
Elliptic said the attacker converted around $786 million of stablecoins into ETH and TRX before the freezes landed.
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Other claims from the same source
Elliptic said Tether froze the main attacker Ethereum wallet 37 minutes later, locking 1.18 billion USDT.
Tether froze that wallet 37 minutes later, locking 1.18 billion USDT in place
Elliptic said it had verified $2.85 billion of frozen or seized funds, 44% of the theft.
Elliptic has verified $2.85 billion of frozen or seized funds, 44% of the theft
Elliptic said $6.43 billion in cryptoassets was stolen from Binance on 29 October 2026.
On October 29, 2026, $6.43 billion in cryptoassets were stolen from Binance, the world's largest cryptoasset exchange, according to Elliptic's analysis.
Elliptic said its total excludes a further $169 million that left Binance after withdrawals were suspended, which it described as appearing to be Binance moving its own funds.
Elliptic's total excludes a further $169 million that left Binance after withdrawals were suspended.
Elliptic said funds stolen from Binance and from the Bitget exploit have been combined in several wallets, and that the link was first reported by ZachXBT.
The two sets of funds have now been combined in several wallets, and the amount has grown overnight. The link was first reported by ZachXBT.