Binance’s Fines and Hack Losses Equal 56% of Estimated 2021-25 Pretax Profit

Binance’s estimated pretax profit for 2021 through 2025 was $19.2 billion, while its regulatory penalties and security losses total about $10.7 billion, or 56% of that amount. The combined tally includes about $4.34 billion in fines and $6.38 billion in hack losses. The security figure reaches beyond the profit period, counting a 2019 theft and an attack in October 2026. The fines include a $4.32 billion U.S. criminal settlement in 2023 and about $20 million in penalties from regulators in other countries.