By Isaac • November 2, 2026 7:14 am •
The attackers behind the record Binance theft are changing lanes again.
Blockchain investigators say wallets tied to the hack have started converting a large block of stolen Solana into Bitcoin, moving the money away from assets and venues where freezes may be easier to enforce.
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According to Cointelegraph, the latest movement involves 970,522 SOL worth roughly $95.9 million at the time it was tracked. The report says the activity follows earlier efforts to move stolen value through other chains and decentralized-finance routes.
The new route changes both the asset and the chain investigators must follow. Earlier Solana transactions remain visible on-chain.
Moving the value into Bitcoin can still complicate interception because Bitcoin has no central issuer
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