Binance TH says customer assets safe, suspends deposits and withdrawals after nearly US$6.3 billion hack

Thailand - On 30 October 2026, Binance TH announced that customers' digital assets remain safe and temporarily suspended cryptocurrency deposits and withdrawals while conducting a security review. The company clarified that its asset storage is separate from that of the global exchange Binance, following a reported hack that saw nearly 200 billion baht stolen from the exchange's hot wallets.

Binance Global lost approximately US$6.3 billion, or roughly 212 billion baht, in the cyberattack. About US$3 billion has been recovered, but efforts to retrieve the remaining US$3.3 billion have not yet yielded progress. On the same day, Binance TH disclosed the security incident, assuring the public that digital assets on its platform remain secure.

Gulf Binance Co. Ltd., the operator of Binance TH, stated that offline digital-asset storage (cold wallets) is independently segregated from Binance's digital-asset wallets. Binance TH operates under its own legal entity and digital-asset custody system. In a proactive measure, the company suspended deposit and withdrawal services temporarily while specialists perform a thorough security review.

Other platform services are operating normally. Binance TH pledged to resume deposits and withdrawals once the review is complete, emphasizing that protecting customer digital assets is its top priority and that it continues to adhere to security standards. The company expressed regret for the inconvenience caused.