NYPOST · 2026-11-01 22:02 UTC

Binance sees spike in withdrawals as exchange returns online after $6.3B heist

Binance customers withdrew $3.64 billion (2.1% of assets) as the exchange returned online after a $6.3 billion hack attributed by the FBI to North Korean state-sponsored unit TraderTraitor. Binance said it has covered 95% of stolen assets by using company money to buy replacement tokens, with withdrawals stabilizing after initial spike. The exchange is rolling out withdrawals in phases prioritizing user demand, starting with 15 tokens including bitcoin and ether.

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