Inside binance the attacker converted the money to monero and from there the trail was lost but they already had enough personal info from binance to inspect his personal bank accounts.
In summary, Monero remains untraceable. Even more now that the goverments forced binance to remove monero support. Now attackers will use centralized exchange sites where no western authorities can ask for help or simply use decentralized P2P exchanges.
Inside binance the attacker converted the money to monero and from there the trail was lost but they already had enough personal info from binance to inspect his personal bank accounts.
In summary, Monero remains untraceable. Even more now that the goverments forced binance to remove monero support. Now attackers will use centralized exchange sites where no western authorities can ask for help or simply use decentralized P2P exchanges.