18,270 BTC linked to Binance exceed Tesla and El Salvador reserves
BROBROK News · Based on reporting by CoinDesk ·
A haul of 18,270 BTC tied to the Binance attack is valued at about $1.4 billion, according to the report. That amount is close to SpaceX’s disclosed Bitcoin holdings and is larger than Tesla’s reported BTC stash and more than twice El Salvador’s reserve.
Key points
- 18,270 BTC are linked to the Binance attack.
- The stash is worth roughly $1.4 billion.
- It exceeds Tesla’s disclosed Bitcoin holdings.
- It is more than twice El Salvador’s reserve.
- Blockchain investigators link the attack to North Korea.
Why it matters
The report highlights how large crypto thefts can rival or exceed the Bitcoin holdings of major companies and countries. It also underscores the role of blockchain forensics in tracing high-profile attacks.
Original headline: “Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve”
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.