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Analyst says North Korean hackers laundered $242 million via Tron as FBI presses THORChain

An analyst cited by The Block said North Korean hackers laundered $242 million of Binance loot through Tron, and that crypto bridges Relay, THORChain, Chainflip and Symbiosis moved about $140 million of the stolen funds off Tron, with Relay handling the most at $48 million. The report says the FBI is pressing THORChain.

Key facts

1 sourceMajor storyNew

RUNE after this site detected it

  • 5 minutes+0.32%vs BTC +0.30 pts
  • 1 hour-2.48%vs BTC -2.31 pts
Source published First received Updated UTC

Claims and open questions

Evidence strength Single source

Only one publisher so far. Another independent outlet or an official source would raise it.

ImportanceMajor story

Security topic · afterwards moved 7.7× its usual range against BTC

How recentVery recent

Fresh security news

What sources claim

  • An analyst said North Korean hackers laundered $242 million of Binance loot via Tron, per The Block.
  • Crypto bridges Relay, THORChain, Chainflip and Symbiosis moved about $140 million of the stolen funds off Tron, with Relay handling the most at $48 million, The Block reported.
  • The FBI is pressing THORChain, according to The Block's report.

Still unresolved

  • What specific action the FBI has taken toward THORChain, and what THORChain itself has said about the alleged fund flows, would confirm the nature of the pressure described.

Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished.

Source evidence

1
The BlockNews publisher
North Korean hackers launder $242 million of Binance loot via Tron as FBI presses THORChain: analyst ↗

Published Nov 1, 2026, 18:25 · Received Nov 1, 2026, 18:26

Market reaction after detection

Measured from the sample nearest site detection, on the same source and quote currency.

Observed returns after site detection
WindowReturnBTCDifference from BTC (pp)Actual sampled interval / source
5 minutes+0.32%+0.02%+0.30 ptsNov 1, 2026, 18:26 → Nov 1, 2026, 18:31 (UTC)
Gate · USDT
1 hour-2.48%-0.18%-2.31 ptsNov 1, 2026, 18:26 → Nov 1, 2026, 19:26 (UTC)
Gate · USDT

Timing does not establish causation. Methods and limitations →

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