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Binance hacker launders $798K in Solana via Privacy Cash as Binance nears full asset recovery.

Market News
03 Nov 2026, 20:23 WIB
Crypto news
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Bearish
Binance hacker launders $798K in Solana via Privacy Cash as Binance nears full asset recovery.

An address linked to the Binance hacker deposited about $798,000 worth of Solana (8,567 SOL) into Privacy Cash, a mixer service, as part of laundering stolen funds from the $6.34 billion breach. Binance co-CEO Richard Teng said the exchange has replenished 98% of the affected assets, though investigators have not recovered all stolen crypto. The hacker also moved funds through new wallets, lending vaults, and Bitcoin conversions. Experts highlight the attack exploited human trust via fake recruitment and stressed the need for better staff training and tighter controls on internal AI tools. Law enforcement and companies are cooperating to track and freeze stolen assets, with some USDC frozen before being swapped.

Binance Coin (BNB) trades at Rp12.687.846 on Pluang, showing a slight 0.02% decrease as of Nov 04, 2026 01:32 WIB. This price movement occurs while the aftermath of the Binance hack continues to unfold, with stolen funds being moved through various channels including Privacy Cash. Despite the breach, Binance has replenished 98% of affected assets, maintaining investor confidence reflected in an 80% buy order activity on Pluang and a typical hold time of 90 days.

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