Binance says hackers used fake interviews and AI tools to steal $6.3B
Binance co-CEO Richard Teng stated that the record-breaking October 29 cyberattack, which resulted in the theft of more than $6 billion, was executed through a multi-month infiltration strategy. Teng explained that attackers began in June by luring a Wallet DevOps engineer to install a tampered version of a popular AI coding tool via a fake Homebrew installation. In September, the group posed as…
Key points
- Binance lost more than $6 billion in a cyberattack that began with a fake AI coding tool.
- Attackers used fake job interviews to install malware and access internal AI tools.
- Binance has replenished 98% of the $6.34 billion in affected assets from its reserves.
Binance has replenished 98% of the $6.34 billion in affected assets, using its own reserves to cover customer losses. The company has temporarily restricted certain withdrawals and rebuilt the affected wallet infrastructure. While Teng did not directly attribute the attack to North Korea, he acknowledged that the FBI has linked it to the TraderTraitor group. Industry partners, including Tether, Circle, and Ripple, have reportedly frozen about $3 billion in stolen assets, though some funds continue to move through laundered channels. Binance maintains it remains financially sound and is working with law enforcement to trace the remaining funds.
Binance co-CEO Richard Teng says hackers used fake job interviews, AI tool to steal $6.3 billion in crypto
CNBC Technology · 3 November 2026
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1source- Hacker News discussion · 18 pointsnews.ycombinator.com
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