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Home› Business› Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live

Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live

BusinessBy Lauren AlmeidaNov 2, 2026, 9:24 AM
Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live
NEWS DESKBusiness
PUBLISHEDNov 2, 2026, 9:24 AM
NEWS BRIEF

What the source reports

Rolling coverage of the latest economic and financial news Yi He, co-founder of Binance, has said that its top priority is to “ensure the environment is secure, after which users can withdraw their funds and Binance can resume operations. ” She wrote on X: Every action has a motive.

Look at some fraudulent exchanges that absconded, P2P platforms, and commercial banks: their ledgers are opaque; once the website is shut down, they simply abscond with the funds, the company is liquidated or goes bankrupt, and all they need to do is give you an arbitrary excuse. As for how much money was actually in the account…

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Main source: The Guardian Business

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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