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Binance Customers Withdraw Billions After Record $6.3 Billion Hack as Exchange Restores Services

Binance Customers Withdraw Billions After Record $6.3 Billion Hack as Exchange Restores Services

Photo: CoinCentral

TLDR Binance saw $3.64 billion in net outflows, about 2.1% of its assets, after reopening withdrawals on Sunday. DefiLlama data showed higher net outflows of $5.8 billion over 24 hours, which Binance says is not accurate. Binance has replaced about 95% of the $6.3 billion in stolen assets using company funds. The FBI says North Korea’s TraderTraitor unit carried out the attack, while President Trump says it is unclear. Withdrawals are opening in phases, starting with 15 networks. Binance customers withdrew $3.64 billion on Sunday as the exchange went back online.

Source: CoinCentral

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