Security· ★★★· bearish·

PeckShield Traces $3.89M in Ledger Theft Funds to Binance Deposits

  • —PeckShield traced $3.89M of stolen Ledger funds to Binance deposits
  • —The transfers moved through the Tron network, giving investigators an exchange-account lead
  • —Intermediary wallets also handled other clients' money, complicating attribution
Why it matters: The exchange-deposit trail could help recover part of the funds and identify recipients after the Ledger supply-chain attack.
Source: The Defiant
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