---
title: "Elliptic says Binance hackers swapped stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings"
url: https://thecoingazette.com/elliptic-says-binance-hackers-swapped-stolen-tokens-for-124m-in-bitcoin-exchange-plans-more-withdrawal-reopenings/
date: 2026-11-06
modified: 2026-11-06
lang: en
author: "Coin Gazette Editorial"
description: "Elliptic says little of the stolen crypto has likely been cashed out, while $2.85 billion remains frozen."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 17
---

# Elliptic says Binance hackers swapped stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings

Elliptic says little of the stolen crypto has likely been cashed out, while $2.85 billion remains frozen.