Binance CEO Reports 90 Percent of Stolen Crypto Restored After Record Heist

Following a record-breaking cyber attack that saw $6.3 billion stolen from Binance users, the cryptocurrency exchange's CEO stated that 90 percent of the impacted funds have been replaced. According to the company, Binance is covering the stolen assets directly, with plans to address the remaining balance.

The remaining 10 percent of the stolen assets reportedly consist of "less liquid" tokens, which the platform stated may take longer to acquire. The organization also indicated in a social media post on X that user withdrawals remain temporarily paused following the security breach.

Withdrawal Status and Timeline

• Current Status: Withdrawals remain paused as of the latest announcement.
• Expected Timeline: The company stated it is on track to re-enable withdrawals on Sunday, 2026-11-01.
• Further Updates: Management promised additional announcements as details are confirmed.

Company Commitments

• Financial Coverage: Binance stated its commitment to fully cover the financial impact of the stolen funds.
• Transparency: The platform pledged ongoing transparent reporting and measurable progress.

Users seeking to verify these claims can monitor official channels such as the company's verified account on X or check the main Binance blog for direct announcements. Independent security audits and official regulatory filings may offer additional verification regarding the extent of the recovery and operational resumption.