Elliptic traces Bitcoin mixing from Binance hack proceeds

The Defiant reports that analytics firm Elliptic has identified the first Bitcoin mixing of funds linked to the Binance hack. They traced approximatel...

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The Defiant reports that analytics firm Elliptic has identified the first Bitcoin mixing of funds linked to the Binance hack. They traced approximately 12,000 wallets across 11 blockchains, estimating the remaining linked balances at $3.24 billion. This development highlights ongoing efforts to track illicit cryptocurrency flows.

AI-assisted source briefing. Based on the The Defiant report; not independently verified.

Source published: Mon, 02 Nov 2026 11:19:01 GMT

[Read the original report](https://thedefiant.io/news/hacks/elliptic-flags-first-bitcoin-mixing-of-binance-hack-proceeds)

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