CryptoHypeBuster

Binance hackers begin swapping stolen Solana tokens for Bitcoin: Chainalysis

CoinTelegraph · Mon, 02 Nov 2026 12:40:45 GMT

Hype 5/100 · Market impact 70/100 · Breaking 60/100

Tags: BTC, SOL

Crypto exchange Gate said it froze two linked accounts as U.S. investigators urged trading platforms to block transactions connected to a $6.3 billion theft. The theft involved stolen Solana cryptocurrency tokens from Binance, and hackers had begun swapping those tokens for Bitcoin. Gate said the accounts were tied to the theft, and the investigators' request covered transactions linked to the stolen funds. The conversions and account freeze concern the movement of stolen assets.

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