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Binance Was Hacked. What Protections Exist for Crypto Customers?

After a $6.3 billion hack, the company said it was going to reimburse customers who had losses.

© Anthony Kwan/Bloomberg

The chief executive of Binance, Changpeng Zhao, speaking via video at a Hong Kong conference in 2023.

Binance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.

30 October 2026 at 19:32
Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.

© Claudia Morales/Reuters

A cryptocurrency kiosk.
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