{
  "id": 17811814,
  "title": "Customers withdraw $3.6B after largest theft in Binance's history",
  "url": "https://urgent.news/2026/11/02/customers-withdraw-3-6b-after-largest-theft-in-binances-history",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-02T14:31:20.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/11/-customers-withdraw-usd-36-bn-after-largest-theft-in-binances-history"
  },
  "original_language": "en",
  "account": "Binance, the world's largest cryptocurrency exchange, experienced a significant surge in customer withdrawals after the largest theft in its history. On November 1, 2026, the exchange disclosed that customers withdrew $3.6 billion from Binance following the theft of $6.3 billion earlier in the week. The company had previously suspended all transactions in response to the incident. Following the theft, Binance began restoring withdrawals in phases on November 1, 2026, allowing withdrawals for all 15 networks and assets by 12:36 UTC on November 3, 2026. After an initial surge, withdrawal volumes have stabilized, while deposit volumes have remained substantial. Binance reported that customers deposited $1.01 billion and withdrew approximately $4.649 billion in assets. The company stated that outflows represent 2.1% of its total assets under management, valued at $171 billion. Binance assured that it would cover all losses resulting from the hack and has collaborated with other cryptocurrency firms to freeze around USD 3 billion in stolen assets. Cybersecurity analysts and the FBI have attributed the theft to North Korea, which has frequently targeted cryptocurrency companies due to their vulnerabilities. Binance co-founder Changpeng Zhao emphasized the importance of trust earned through actions during challenging times and cautioned customers about potential online scams offering bogus compensation.",
  "summary": "According to media reports, customers withdrew $3.6 billion of assets from Binance as it reopened on Sunday following the theft.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}