North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds

Crypto Insight Summary: $2.85 billion of the $6.43 billion stolen from Binance has been frozen or seized, compared with about 3% in the Bybit hack, as North Korea’s automated laundering spans 12,000 wallets. Crypto Insight Analysis: Direction: Bearish BNB Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Massive laundering through Binance-linked wallets raises reputational and compliance risks for BNB, but does not materially alter the broad crypto market.