Ari Redbord

“Ultimately, they're [hackers] trying to off-ramp it [crypto] to fiat. And that becomes the challenge, that's sort of this race against time,”

Ari Redbord · said 2026-10-30 · reported 2026-10-30

A TRM Labs executive described the challenge of hackers converting stolen crypto into fiat currency after the Binance hack.

“It's this continued cat and mouse game where bad actors are trying to obfuscate their transactions and we are trying to track and trace them,”

Ari Redbord · said date not stated · reported 2026-10-30

Redbord described the ongoing effort by investigators to track hackers who try to obfuscate their transactions.

“So we are not necessarily only chasing North Korean on-chain, often we're chasing these professional money laundering networks,”

Ari Redbord · said date not stated · reported 2026-10-30

Redbord noted that investigators are also chasing professional money laundering networks used by hackers, not just North Korean actors on-chain.