UPDATE

First reported Oct 29, 2026, 21:20 UTC

Source reports

UPDATE CZ addresses the reports: "User funds are safe! It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m). I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered." — @MartiniGuyYT (X), Oct 29, 2026, 21:20 UTC
Binance has finally spoken, and @cz_binance says it "does look like a hack." 🚨 About an hour ago, on-chain trackers flagged roughly $2.7B leaving Binance hot wallets across 60+ tokens to a fresh address, with reports that the wallet behind it was funded via Tornado Cash. In the… — @CrypttraderDave (X), Oct 29, 2026, 21:40 UTC

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