Conflict & Security
Binance resumes Bitcoin withdrawals after compensating 95% of assets stolen in $6.3 billion hack
November 1, 2026 at 11:28 AM
3 reports · over 4 hours
Binance has resumed Bitcoin withdrawals after compensating 95% of the roughly $6.3 billion in digital assets stolen in a hack the FBI attributed to a North Korean group.
- Binance resumed withdrawal services on Sunday, initially covering 15 digital assets including Bitcoin and Ethereum after compensating 95% of the stolen funds.
- Binance said it financed the replacements from its treasury, the SAFU user-protection fund, and the futures insurance fund, allocating about $6.34 billion.
- Co-CEO Yi He said Binance will use 50% of SAFU funds and refill the reserve to about $1 billion.
- The FBI named the state-backed North Korean group TraderTraitor as responsible; President Trump said Washington is not yet certain of North Korea's involvement.



