Security· ★★★· bearish·

ZachXBT: North Korea-linked SquidSquad stole $2.84M on BSC

  • —Roughly $2.84 million was stolen on BNB Smart Chain on Oct. 8
  • —1,111.2 ETH was deposited into Tornado Cash and withdrawn to three addresses on Oct. 20
  • —Funds were bridged from Ethereum to Tron via USDT0 and consolidated into two addresses
  • —Money moved to Chinese OTC desks, likely to dodge a potential Tether freeze
Why it matters: The case shows how North Korea-linked groups sidestep stablecoin freezes by converting stolen ETH into USDT on Tron.
#ETH#BNB#USDT#TRX
Source: PANews
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