LEDGER HACKER MOVES FUNDS TO BINANCE, MIXES $1.07M ETH

The suspected hacker linked to the reported $90M Ledger reseller incident has deposited 430.2 ETH ($1.07M) into Tornado Cash across 4 wallets.

Following Tether's fund freezes, the hacker has been converting USDT into USDD through SUN.io and USDD's PSM. Some funds have also reached a Binance hot wallet.

Binance hot wallet: TDqSquXBgUCLYvYC4XZgrprLK589dkhSCf

Arkham-tracked hacker wallets currently hold $70.60M:

· 11.406K ETH ($28.35M)
· 213.371 BTC ($17.65M)
· 13.646M USDD ($13.65M)
· 10.909M USDT ($10.91M)

Tagging binance on X to investigate these transfers and freeze any accounts linked to the stolen funds as soon as possible.

Onchain activity is still unfolding. We will continue tracking the funds and sharing updates.

Track: https://arkm.com/explorer/entity/cryptobillis-ledger-drainer

~ https://x.com/OnchainLens/status/2108595518704357683