SomaXBT: Arkham Mistakenly Identifies THORChain Treasury as Binance Hacker Address

On-chain investigator SomaXBT says Arkham mislabeled a THORChain Asgard Vault address as belonging to the Binance hacker, noting the ~$4 million in deposits to three Binance addresses that Arkham flagged were actually paid from THORChain accounts rather than the hacker moving stolen funds onto the exchange. Arkham had previously claimed the hacker deposited roughly $4 million into three Binance deposit addresses and speculated the addresses belonged to third-party trading platforms using Binance's liquidity and custody services. SomaXBT disputed that attribution and listed two related THORChain accounts as the actual source of the transfers. The dispute matters because misattributed hacker flows can trigger false alarms about exchange exposure to stolen funds and complicate ongoing tracking of the hack. Watch for whether Arkham corrects its labeling and for further on-chain analysis clarifying the actual movement of the stolen funds.