Binance Hackers May Need Months to Launder Stolen Crypto, With $3.3B Still Under Their Control

Hackers linked to last week's reported $6.3 billion Binance security breach could require months to launder the stolen cryptocurrency, according to the Financial Times.
The report estimates that approximately $3.3 billion in stolen assets remains under the attackers' control, highlighting the scale of the unresolved recovery effort.
North Korean hackers have reportedly been linked to the incident, although attribution in major cyberattacks requires careful verification and should not be treated as conclusive without supporting evidence.
Moving billions of dollars through cryptocurrency markets presents substantial challenges, particularly when blockchain investigators, exchanges and stablecoin issuers are monitoring suspicious transactions.
The remaining funds could become the focus of prolonged tracing and recovery efforts. However, identifying stolen assets onchain does not necessarily mean authorities can freeze or recover them.