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Binance hackers begin swapping stolen Solana tokens for Bitcoin, Chainalysis says

Crypto exchange Gate said it froze two linked accounts, as US investigators urged platforms to block transactions tied to the $6.3 billion theft.

Key facts

1 sourceMajor storyNew

BTC after this site detected it

  • 5 minutes-0.05%Gate · USDT
  • 1 hour+0.37%Gate · USDT
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 · core coin BTC

How recentVery recent

Fresh security news

What sources claim

  • Chainalysis reported that hackers behind the Binance theft have begun swapping stolen Solana tokens for Bitcoin, according to Cointelegraph.
  • Crypto exchange Gate said it froze two accounts linked to the theft, Cointelegraph reported.
  • US investigators urged platforms to block transactions tied to the $6.3 billion theft, Cointelegraph reported.

Still unresolved

  • What share of the $6.3 billion in stolen funds has been converted into Bitcoin, and what on-chain data would confirm it?
  • Which US agency issued the call for platforms to block transactions, and has it published an official statement or filing?

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
CointelegraphNews publisher
Binance hackers begin swapping stolen Solana tokens for Bitcoin: Chainalysis ↗

Published Nov 2, 2026, 12:40 · Received Nov 2, 2026, 12:45

Market reaction after detection

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

Observed returns after site detection
WindowReturnActual sampled interval / source
5 minutes-0.05%Nov 2, 2026, 12:45 → Nov 2, 2026, 12:50 (UTC)
Gate · USDT
1 hour+0.37%Nov 2, 2026, 12:45 → Nov 2, 2026, 13:45 (UTC)
Gate · USDT

Timing does not establish causation. Methods and limitations →

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