Customers withdraw $3.6B after largest theft in Binance's history
Binance experienced a major security breach resulting in the theft of $6.3 billion in assets, which authorities linked to North Korea. The exchange suspended all transactions and reopened in phases on November 1, 2026. Customers withdrew $3.6 billion (representing 2.1% of $171 billion in AUM) in the hours following reopening, though deposit volumes remained substantial and withdrawal activity stabilized afterward.
Key points
- Binance's largest theft: $6.3 billion in stolen assets
- Breach attributed to North Korea by media reports
- Customers withdrew $3.6 billion after exchange resumed operations
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