CBS · 2026-11-02 16:01 UTC

Binance customers withdraw $4.6 billion after crypto heist

Binance customers withdrew $4.6 billion after a $6.3 billion crypto theft linked to North Korean hackers; net outflow was $3.64 billion after $1 billion in deposits resumed. The stolen assets represent 2.1% of Binance's $171 billion in total assets, with roughly $3 billion of stolen funds frozen. Binance cofounder Yi He said the priority is ensuring security before resuming operations; the company promised to cover full losses and had covered 95% by Sunday.

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