Attackers moved an estimated $6.3 billion out of Binance wallets before the exchange and outside parties could freeze the funds, according to a Cointelegraph report that described a race between the thieves and the firms trying to stop them.
TRM Labs said in its own assessment that an attacker moved approximately $6.36 billion out of Binance wallets on ten blockchains on Oct. 29, 2026, most of it in about 20 minutes [1]. The report stated that the transfers unfolded faster than counterparties could respond and that Tether, Circle and other players immobilized around $3 billion of the stolen assets [2].
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