Binance shareholder demands answers after $6.3 billion hot wallet breach

An investor wants the exchange to explain the hack, own the failure, and tighten security after one of crypto's largest thefts A Binance shareholder wants the world’s best-known crypto exchange to do three things: explain the hack, accept responsibility for it, and fix its security. The demand follows an October 29, 2026 breach in which Binance lost approximately $6.3 billion from its hot wallets. That puts it among the largest security failures the crypto industry has ever recorded. Initial investigations pointed to a compromised laptop belonging to a DevOps engineer.