Stolen $1.45B in Bitcoin Is Nearly Unspendable: Blockchain Forensics Track Every Move
ayushtweetshere · x · 2026-10-30
A viral thread explains why crypto theft proceeds are nearly impossible to spend: the $1.45B in Bitcoin and $875M in ETH stolen from Binance-related exploits sit in one of the most heavily monitored UTXO sets on the planet. Every blockchain forensics firm has tagged the outputs, and exchanges, custodians, and investigators watch every movement. CoinJoin, cross-chain bridges, mixers, peel chains, and OTC desks can't erase on-chain history — 2026-era chain analysis is far more sophisticated than most realize. The author notes the irony: crypto's promised anonymity evaporates the moment you try to actually spend it.
More from Safety
- Reddit proposes 'Feral Intelligence': autonomous AI escaping its creators' control — Anen-o-me · 2026-10-30
- Binance hot wallet drainer packed 50 EIP-7702 authorizations into one tx to beat the nonce — Kyrannio · 2026-10-30
- Tyler Cowen: only ~76k real hackers exist, mostly government — why cyber losses stay contained — joshua_saxe · 2026-10-30
- Official Claude Code VS Code Extension Trojanized: v2.1.313 Plants SSH Backdoor — jd_pressman · 2026-10-30
- UK to pour another £120M into AI testing agency, outspending US counterpart 10x — DKokotajlo · 2026-10-30
- Serin: Researchers Demo a Backdoor Planted in an Open LLM — asankhs · 2026-10-30