Ledger reseller drainer has deposited $270K+ in stolen funds to Binance, with investigators tracking ongoing movement to exchange hot wallets.
Security & Exploits ·
Investigators tracking the Ledger CryptoBillis exploit have identified ongoing deposits of stolen funds to Binance, with cumulative observed transfers reaching $270.28K. A recent deposit of 22.391K USDT ($22.39K) brought the total, alongside 256.567K USDT and 41.12K TRX ($13.71K) in additional identified movements. The majority of these funds have been routed to Binance's hot wallet.
The exploit is tied to a Ledger reseller incident originally valued at $90M in stolen assets. Monitoring teams are actively tracking the real-time movement of funds across addresses and continue documenting transaction patterns to identify linked accounts.
Requests have been issued to Binance to investigate the transfers and freeze accounts confirmed to be associated with the stolen funds. The precise timeline for account freezing, the extent of Binance's investigation, and whether additional wallets remain unidentified have not yet been disclosed.