# Binance Founder Says Possible Hack of Exchange

> Binance co-founder claims $6.3 billion crypto heist, withdrawals resume Sunday.
- Title: Binance Founder Says Possible Hack of Exchange · Bloomberg
- Summary: Binance co-founder claims $6.3 billion crypto heist, withdrawals resume Sunday. Binance co-founder Yi He says hackers stole $6.3 billion from exchange, with…
- Keywords: binance, crypto, hack, bitcoin, withdrawals, seahawks, nfl, Bloomberg
- Source: Bloomberg — https://bloomberg.com/news/articles/2026-10-29/binance-founder-says-possible-hack-of-exchange-bitcoin-falls
- Read time: 1 min
- Topics: binance, crypto, hack, bitcoin, withdrawals, seahawks, nfl, business, finance
## Binance Hack
Binance co-founder Yi He says hackers stole $6.3 billion from exchange.

> Binance Estimates $6.3 Billion Hacked in Crypto's Biggest Heist
## Withdrawals Suspended
Binance suspended withdrawals after hack, pledging to cover all losses.

> The world’s largest crypto trading platform suspended withdrawals and pledged to cover all losses
## Assets Frozen
About $3 billion of assets frozen on blockchain networks.

> Binance said in a post on X that about $3 billion of the assets had been frozen on blockchain networks
## Withdrawals Resume
Withdrawals expected to resume by Sunday according to co-founder.

> In another post, co-founder Yi He said withdrawals were expected to resume by Sunday
## Key takeaway

Binance co-founder Yi He says hackers stole $6.3 billion from exchange, with withdrawals expected to resume by Sunday.