Key facts
- Elliptic said hackers swapped about $50 million of stolen XRP, mostly into Bitcoin.
- Elliptic estimated about $3.11B of the $6.43B stolen from Binance remains unlaundered.
Elliptic says $3.11B of Binance crypto haul still unlaundered
IN SHORT
About $3.11 billion of the $6.43 billion stolen from Binance on October 29, 2026 remains in addresses linked to the theft, blockchain analytics firm Elliptic said in a report updated on November 6. Elliptic said $2.85 billion has been frozen or seized, mostly stablecoins Tether and Circle froze within an hour.
Key Numbers
$50Mstolen XRP swapped mostly into bitcoin, per Elliptic
$3.11Bstill unlaundered of the $6.43B Binance haul, per Elliptic
$6.43Breported original Binance theft
Who's Involved
Elliptic
blockchain analytics firm tracking stolen funds
Binance
exchange named as source of stolen funds
North Korea
country Elliptic said likely holding unlaundered funds
↳ Why This Matters
Elliptic's estimate that about $3.11B of the $6.43B Binance haul remains unlaundered leaves a large pool of stolen ETH and Bitcoin that Elliptic said is very likely still held by North Korea. The $50 million XRP swap into Bitcoin shows the stolen tokens being converted rather than left in place.