On October 29, 2026, $6.43 billion in cryptoassets were stolen from Binance, the world's largest cryptoasset exchange, according to Elliptic's analysis.
Elliptic said $6.43 billion in cryptoassets was stolen from Binance on 29 October 2026.
This line is our short summary of the quote below. The quote is the evidence.
Flagged as conflicting
- Binance puts the loss at about $6.3B. Elliptic counts $6.43B and says its total excludes a further $169 million that left after withdrawals were suspended. The sources do not say whether the gap comes from pricing time, chains counted or other scope. Compare with Binance said in its Security Incident Update #2 that at around 20:05 UTC on 2026-10-29 its hot wallets were compromised, resulting in a loss of approximately $6.3B USD worth of token assets. (Binance). Side by side
Other claims from the same source
Elliptic said the FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.
The FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.
Elliptic said the long preparation, the apparent targeting of staff and the use of Binance's own systems to sign transactions resemble earlier TraderTraitor thefts, including Bybit.
The long preparation, the apparent targeting of staff and the use of Binance's own systems to sign transactions resemble earlier TraderTraitor thefts, including Bybit.
Elliptic said it identified common service usage between those laundering the Binance funds and those behind three earlier thefts attributed to TraderTraitor, from BigONE, WOO X and AFX.
Elliptic has identified common service usage between those laundering the Binance funds and those behind three earlier thefts attributed to TraderTraitor, from BigONE, WOO X and AFX.
Elliptic said Tether froze the main attacker Ethereum wallet 37 minutes later, locking 1.18 billion USDT.
Tether froze that wallet 37 minutes later, locking 1.18 billion USDT in place
Elliptic said it had verified $2.85 billion of frozen or seized funds, 44% of the theft.
Elliptic has verified $2.85 billion of frozen or seized funds, 44% of the theft