# Binance hack funds flow to Chinese laundering networks, Chainalysis says

https://mins.news/en/item/131501

- Bloomberg News, 2026-11-05 22:30 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-11-05/binance-hack-funds-flow-to-chinese-launderers-chainalysis-says?link_source=ta_bluesky_link&taid=6aed03785a9cd5000104e33b

> Some cryptocurrency stolen in the $6.3 billion theft from Binance Holdings is being moved through Chinese money-laundering networks, blockchain analytics firm Chainalysis says.

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- [Elliptic says Binance hackers swapped stolen tokens for $124M in bitcoin as exchange plans more withdrawal reopenings](https://mins.news/en/item/132872) — The Block, 2026-11-06
- [Binance co-CEO says company is financially strong after heist](https://mins.news/en/video/127077) — Reuters, 2026-11-03
- [Binance covers 95% of $6.3 billion stolen in record crypto hack](https://mins.news/en/item/126684) — TRT World, 2026-11-03
