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Ledger chief executive Pascal Gautier says hackers who stole $6.3 billion from Binance last week moved 40% of the cryptocurrency in a single transaction, for just $15, according to Bloomberg Crypto.
Why it mattersGautier said moving it in one hit reduced the hackers’ chances of being caught in the act. It is a striking claim about the mechanics and cost of moving stolen crypto, though the report does not explain how the transfer worked.
Discuss: Would moving a huge haul in one transaction make a theft harder to catch, or simply give investigators one enormous trail to follow?
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