Binance Hack Began with Fake Job Interviews, Ended with $6.3 Billion Stolen

Tuesday, 03/11/2026 | 18:36 GMT by Tareq Sikder
  • A months-long cyberattack used compromised engineers and internal AI tools to breach Binance wallets.
  • Hackers posed as company executives before using stolen credentials to access Binance's hot wallets.
Crypto-king - Edited
Binance CEO Changpeng Zhao (Source: PC Tech Mag)

Binance has disclosed further details of a $6.3 billion cyberattack that involved fake job interviews, malicious software and an internal artificial intelligence tool. The exchange said the campaign began in June and ended with the theft of digital assets in October.

London's trading industry is coming home!

According to an incident report published today (Tuesday), attackers initially compromised an engineer's computer through a tampered version of Homebrew, a software package manager. The employee had downloaded it after clicking an online advertisement while searching for an AI coding tool.

Hackers Exploited Employee Devices and Internal AI

Binance detected the suspicious activity, replaced the employee's device and changed the affected credentials. However, the attackers had already gathered information about the engineer and other members of the wallet development team.

In September, the hackers approached another engineer through a job-hunting platform. They posed as representatives of a fictitious company and arranged interviews with individuals claiming to be its executives. During the process, the engineer received a coding assignment containing malicious software.

The compromised devices provided further access to Binance's internal systems. On October 20, the attackers used an internal AI tool and information from the compromised computers to access the systems of two wallet developers.

Binance Hot Wallets Drained Across Multiple Blockchains

The attack escalated on October 29, when the hackers used stolen credentials to deploy a container and run a malicious script. They exploited Ethereum 's mechanism to obtain execution permissions over a Binance hot wallet, allowing them to initiate unauthorised transactions.

The attackers first moved approximately 233 million XRP from five internet-connected wallets. They then targeted wallets across multiple blockchains, stealing approximately $6.3 billion in digital assets.

FBI Attributes Attack to North Korea

The FBI attributed the attack to TraderTraitor, a hacking group linked to North Korea. The group has previously been associated with major cryptocurrency thefts, including the $1.5 billion Bybit hack in February 2025.

North Korea denied involvement. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, described the FBI's attribution as a political provocation.

Binance said it detected and blocked 57 suspected North Korea-linked cyberattacks in 2026. Many involved fraudulent recruitment approaches and malicious software.

Binance has disclosed further details of a $6.3 billion cyberattack that involved fake job interviews, malicious software and an internal artificial intelligence tool. The exchange said the campaign began in June and ended with the theft of digital assets in October.

London's trading industry is coming home!

According to an incident report published today (Tuesday), attackers initially compromised an engineer's computer through a tampered version of Homebrew, a software package manager. The employee had downloaded it after clicking an online advertisement while searching for an AI coding tool.

Hackers Exploited Employee Devices and Internal AI

Binance detected the suspicious activity, replaced the employee's device and changed the affected credentials. However, the attackers had already gathered information about the engineer and other members of the wallet development team.

In September, the hackers approached another engineer through a job-hunting platform. They posed as representatives of a fictitious company and arranged interviews with individuals claiming to be its executives. During the process, the engineer received a coding assignment containing malicious software.

The compromised devices provided further access to Binance's internal systems. On October 20, the attackers used an internal AI tool and information from the compromised computers to access the systems of two wallet developers.

Binance Hot Wallets Drained Across Multiple Blockchains

The attack escalated on October 29, when the hackers used stolen credentials to deploy a container and run a malicious script. They exploited Ethereum 's mechanism to obtain execution permissions over a Binance hot wallet, allowing them to initiate unauthorised transactions.

The attackers first moved approximately 233 million XRP from five internet-connected wallets. They then targeted wallets across multiple blockchains, stealing approximately $6.3 billion in digital assets.

FBI Attributes Attack to North Korea

The FBI attributed the attack to TraderTraitor, a hacking group linked to North Korea. The group has previously been associated with major cryptocurrency thefts, including the $1.5 billion Bybit hack in February 2025.

North Korea denied involvement. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, described the FBI's attribution as a political provocation.

Binance said it detected and blocked 57 suspected North Korea-linked cyberattacks in 2026. Many involved fraudulent recruitment approaches and malicious software.

About the Author: Tareq Sikder
Tareq Sikder
  • 2546 Articles
  • 48 Followers
About the Author: Tareq Sikder
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023. At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London. Education: Honours degree Information Technology, Anfell College, London
  • 2546 Articles
  • 48 Followers

More from the Author

Trending

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}