Key Takeaways
- • Binance will reopen user withdrawals in phases after recovering 95% of digital assets stolen in a hack valued at $6.3 billion.
- • The first phase opens withdrawals for Bitcoin, Ethereum, BNB, Solana, XRP and Dogecoin on Sunday from 6 to 9 AM GMT, according to Binance.
- • The remaining 5% of stolen assets are in low-liquidity tokens, so recovering them may take longer.
- • The FBI said the North Korean state-sponsored group 'TraderTrader' was involved, that the stolen assets were converted into Ethereum, and that further laundering attempts are possible.
Summary
Binance, the world's largest cryptocurrency exchange, will allow users to withdraw funds in phases after recovering 95% of digital assets worth $6.3 billion stolen in a hacking incident, according to Ratopati's November 1, 2026 report. According to Binance, the first phase opens withdrawals of Bitcoin, Ethereum, BNB, Solana, XRP and Dogecoin on Sunday morning from 6 to 9 AM GMT.
Binance stated that gathering the remaining 5% of stolen assets may take more time because they are held in low-liquidity tokens. The report does not specify a timeline for later withdrawal phases.
The US Federal Bureau of Investigation said on Saturday that the North Korean state-sponsored hacker group 'TraderTrader' was involved in the attack and that members converted the stolen assets into Ethereum. The FBI also warned that attempts may be made to launder the stolen funds further using other technologies.
Binance stated that gathering the remaining 5% of stolen assets may take more time because they are held in low-liquidity tokens. The report does not specify a timeline for later withdrawal phases.
The US Federal Bureau of Investigation said on Saturday that the North Korean state-sponsored hacker group 'TraderTrader' was involved in the attack and that members converted the stolen assets into Ethereum. The FBI also warned that attempts may be made to launder the stolen funds further using other technologies.
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