Binance employee: affected wallet system rebuilt, withdrawal volume comparable to stolen amount

According to TechFlow, on November 4, Binance employee sisi posted that Binance has rebuilt the affected wallet system in a completely new environment, rebuilt internal AI tools, and tightened permissions; affected devices have been replaced, related credentials and tokens have been revoked, and the intrusion points described in the report have been closed.

She said that in the two days after withdrawals resumed, the withdrawal volume was on the same order of magnitude as the approximately $6.3 billion stolen, and every withdrawal had been fulfilled. Binance will bear the losses and work with law enforcement agencies and on-chain institutions to recover funds that have been frozen or intercepted.

She said Binance has invited an independent third-party security firm to conduct a review, and the conclusions will be made public once completed; Binance is willing to share the characteristics of this attack with other exchanges.

Source: TechFlow