Bern, Switzerland, October 24th, 2025, Chainwire
In the aftermath of the recent BingX security incident, blockchain analysts have traced portions of the stolen assets to transactions passing through ClockSwap’s peer-to-peer platform, where the funds appear to have been converted into Monero (XMR) — a privacy coin known for its untraceable features.
According to preliminary on-chain data, the exploiter moved Bitcoin from a series of intermediate wallets into ClockSwap, a platform often used for direct crypto-to-crypto swaps without centralized oversight. Shortly after the deposits, corresponding transactions involving Monero appeared, suggesting a deliberate effort to obscure the origin of the funds.
ClockSwap itself is not complicit as it was simply used as a channel, this development highlights the growing use of privacy-oriented assets and decentralized P2P markets by attackers seeking to evade detection.
Cybersecurity analysts note that once funds are moved into Mon
We współpracy z: https://cryptodaily.co.uk/2025/10/bingx-exploiter-reportedly-launders-funds-via-clockswaps-p2p
