Binance customers withdraw more than $4.6 billion after crypto heist
Updated on: November 2, 2026 / 11:08 AM EST / CBS News
TL;DR
- Binance customers withdrew more than $4.6 billion following a $6.3 billion digital coin theft.
- The stolen assets represent 2.1% of Binance's total $171 billion in assets.
- The FBI linked the heist to North Korea and a hacker group called "TraderTraitor."
- TraderTraitor was also blamed for a $1.5 billion loss from Bybit in February 2025.
- Binance will cover the full losses using company funds and has already covered about 95% of the impacted amount.