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An independent record of the October 2026 Binance hack
Statements
Each statement is one attributed line with a verbatim quote from a stored copy of the source. Only approved statements are shown.
Official means the party said it, not that it is true.
Verified on-chain. Reproduced by us from raw chain data kept in our own storage. The method is shown.
Official. Stated by the party concerned (an exchange, an agency, a token issuer or similar), attributed to them. Official means the party said it, not that it is true.
Reported. Stated by news media or an analytics firm, attributed to them.
Disputed. Credible sources conflict. The statement links the sources that disagree.
Debunked. Contradicted by primary evidence, which is linked.
Theory. Speculation, attributed to whoever proposed it, shown with the evidence for and against.
At 00:08 UTC, it used those powers to force two transfers out of the attacker's wallet on Arbitrum, moving 8,426 ETH and 74.6 million ARB, about USD 30 million, out of the attacker's reach.
Binance said customer funds were safe and it is working with industry partners to freeze some of the affected assets, with about $3 billion located so far.
Ripple is freezing holdings of its dollar-pegged RLUSD stablecoin linked to the Binance hack, according to Jack McDonald, the company’s senior vice president of stablecoins. McDonald said Ripple was “actively freezing affected funds” and coordinating with relevant parties to support the investigation. He did not disclose the amount frozen.
Binance said the verified total of assets frozen in connection with the hack had reached $2.54 billion, clarifying differing figures circulating publicly, including references to $1.8 billion.
World Liberty Financial has frozen $27 million in US-dollar-pegged stablecoin USD1 and $2 million worth of WLFI, according to Binance co-founder Yi He. “USD1 has taken proactive steps to freeze the $27 million in USD1 associated with the Binance hack,” said World Liberty Financial co-founder and CEO Zach Witkoff.
World Liberty Financial froze the 27.8 million USD1 in the main receiving wallet at 22:10 UTC, and froze USD1 in the compromised Binance hot wallet at 22:26 UTC.
Binance co-founder Changpeng Zhao said the activity appeared to be a hack, adding that Tether and Circle had frozen approximately $971 million and $823 million, respectively. Zhao said he expected all user funds to be fully covered.
Tether froze 975.1 million USDT in the main receiving address, and Circle, issuer of the rival stablecoin USDC, froze 823 million USDC in the same wallet at 21:04 UTC, bringing the total frozen to about $1.8 billion.
Tether froze 971.1 million USDT in the main receiving wallet at 21:01 UTC, 37 minutes after the main sweep. Later sweeps landed in the frozen wallet, which now holds 1.175 billion USDT.