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The page states that eleven Binance hot-wallet keys signed transfers to an address created minutes earlier, and one signed an EIP-7702 authorization.
This line is our short summary of the quote below. The quote is the evidence.
Reportedroot causeClaim 89
Eleven Binance hot-wallet keys signed transfers to an address created minutes earlier, and one of them signed an EIP-7702 authorization that turned its wallet into standing infrastructure for the attacker.
The operator address, [0x7C8601d4645b93cea45F71e118A729332e6B5CA0](https://etherscan.io/address/0x7C8601d4645b93cea45F71e118A729332e6B5CA0) , was funded through three Tornado Cash withdrawals starting October 28.
Tether and Circle froze about $1.8B in the main collection address within 40 minutes, and with later freezes by other issuers and the Arbitrum Security Council, Binance puts the verified total frozen at about $3B.
About $6.3B was stolen from Binance’s hot wallets on October 29, 2026, by Binance’s own estimate, across Ethereum, Arbitrum, Avalanche, Optimism, Bitcoin, Tron, and other chains, the largest crypto theft on record.
At 21:44 it [swept Binance 14 again](https://etherscan.io/tx/0x55ba4dabc41b468e580751373ad31acdee6f5ba398682df2c93e5a8340870556) for 200M USDT and 13 other tokens deposited since the first sweep.
At 20:41:23 the operator used the still-delegated Binance 14, which owns the Circle smart account [Binance Hot Wallet 34](https://etherscan.io/address/0xEe7aE85f2Fe2239E27D9c1E23fFFe168D63b4055) , to [move 780M USDC](https://etherscan.io/tx/0xdc102dd89dded5a83f1008906883ffb7c81ff3b7d7965d8c7277d170b5e17481) from that account to the collection address, followed by another 43M USDC.