# Binance Says $6 Billion Hack Will Leave Customer Balances Untouched

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/45107
Published: 2026-10-30T20:42:03.000Z
Updated: 2026-10-30T20:42:03.000Z
Section: Technology

> The exchange says the stolen crypto came from a hot wallet it owned, rather than assets reflected in customer accounts.

Binance says a hot-wallet hack involving $6 billion in cryptocurrency will not alter customer account balances because the stolen assets belonged to the exchange itself.

The claim turns on the difference between crypto the platform owns and the balances it records for users. Binance says the compromised coins came from one of its own hot wallets, which the exchange legally owns. The company says customer balances remain untouched.

Binance explained this through its usual deposit setup. When users deposit crypto on an exchange, the platform typically takes ownership of the assets and credits each customer with an account balance. Binance says the hacked wallet held company-owned crypto, while customers’ account balances remained recorded on the platform.

That distinction is central to the exchange’s response: Binance says the hack affected assets it owned, not the balances displayed for users on the platform. The statement addresses customer balances and the ownership of the stolen cryptocurrency.