Elliptic Reports $3.1B in Unlaundered Stolen Binance Crypto

stolen Binance crypto — Blockchain analytics firm Elliptic reports that over $3.1 billion in cryptocurrency stolen from Binance remains unlaundered months after the attack.

The attackers have dispersed the funds across more than 20,000 wallets spanning 16 blockchains, according to the data. Despite this spread, Elliptic notes that the vast majority of the stolen Ethereum and Bitcoin has remained untouched in these wallets, indicating it has not yet entered the laundering process.

The 2026 breach at Binance ranks as one of the largest crypto exchange hacks in history. The incident triggered significant volatility across digital asset markets at the time and led to increased scrutiny of exchange security practices.

Elliptic’s report suggests the slow laundering effort could be a strategic move by the perpetrators to avoid detection by compliance and law enforcement systems that track large, sudden movements of illicit funds.