🎥 Watch the 2-min documentary

🎬 MINI-DOCUMENTARY: The Hack, the Panic, and the Comeback

$6.3B stolen in about 20 minutes.

11,700 hostile posts in 78 hours.

$0 lost by users.

+$2.84B flowed back in, in 24 hours.

How @Yi He and @Yi He turned the biggest hack in crypto history into proof of strength 🎥👆 (2 min)

💸 $6.3B stolen

⏱️ Under 60 hours to reopen withdrawals

💰 Covered from Binance's OWN funds

👥 0 users lost a cent

📈 Deposits beat withdrawals again within 2 days

Full story & data 👇

🚨 WHAT HAPPENED

Oct 29. North Korea's TraderTraitor group (per the FBI) used a fake job interview to get malware onto a Binance engineer's laptop. Per TRM Labs, most of the $6.3B was drained in about 20 minutes, 4x the previous record (Bybit, $1.5B).

💛 YI HE: HEAVILY PREGNANT, STILL ON THE FRONT LINE

12:30 AM, Abu Dhabi. She was in bed when the alerts hit. She logged straight back in, and within minutes a war room of 100+ people was running.

@CZ: "this pregnant lady pulled an all nighter, along side hundreds of Binancians."

To a worried user: "My coin is on Binance too."

🔥 CZ: STILL THE SAME HUMBLE GUY

Not CEO anymore, but he showed up: interviews, updates, thanking the FBI and even competitors, and calling for an industry-wide security alliance. Billionaire founder who still acts like one of us.

💰 "THEY CAN'T PAY." THEY DID.

Binance apologized publicly, then paid from its OWN funds: SAFU, futures insurance fund, BTC reserve, treasury.

📅 Day 2: 90% replaced

📅 Day 3: 95%, the last 5% = smaller, less liquid tokens still being bought

✅ Oct 31 PoR: 1:1 backing, verifiable by any user

⚡ TIMELINE

Oct 29: hack, withdrawals paused

Oct 30: initial findings published

Oct 31: 90% replaced

Nov 1: withdrawals reopen (under 60h)

Nov 2: fiat withdrawals back (USD, AED and more)

🇺🇸 FBI named TraderTraitor within 2 days. FBI, Secret Service and IRS urged firms to block the hackers' wallets.

🤝 About $3B frozen: Tether $1.57B · Circle $800M+

📊 ON-CHAIN DATA

🔴 Nov 1: $3.64B net out = only 2.1% of assets

🔴 Only 6–10% went to rival exchanges, most went to self-custody

🟢 Nov 3: hourly deposits > withdrawals by 03:00 UTC

🟢 Nov 4: +$2.84B net inflow in 24h (DefiLlama)

🏦 Still $130B+ in tracked assets

🕵️ ENGINEERED PANIC?

One independent analysis tracked 1,083 accounts posting 11,700 hostile posts in 78 hours. 3,354 were judged false, and 89% of the accounts had almost never posted about Binance before. These are behavioral patterns, not proof of who was behind it.

@heyi: "Fanning the flames will only drive everyone away and lower everyone's confidence in the industry."

🚫 THIS IS NOT FTX

FTX hid the books and disappeared. Binance stayed transparent, verified reserves 1:1 and paid from its own funds.

⚠️ Ignore fake support DMs, "fund recovery" offers and fake vouchers. Official channels only.

Speed. Transparency. Own funds. That's leadership.

Respect @Yi He @CZ @Richard Teng 💛

🎥 Visuals AI-generated. All data is real (Binance, FBI, TRM Labs, DefiLlama).

$BNB $BTC

#BinanceIncidentReport #BinanceHourlyDepositsExceedWithdrawals #BinanceReopensWithdrawalsForMoreAssets #SAFU #Binance #BNB #CZ #YiHe #CryptoNews #BinanceSquare