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An independent record of the October 2026 Binance hack
This line is our short summary of the quote below. The quote is the evidence.
At current prices, the attacker now controls around $3.25 billion of assets that cannot be frozen by an issuer, spread across more than 800 addresses. This includes around 584,000 ETH ($1.32 billion), 18,327 BTC ($1.42 billion) and 233 million XRP.
The FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.
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 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.
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's total excludes a further $169 million that left Binance after withdrawals were suspended.