Chainalysis pegs Binance hack losses at about $5.91 billion at time of theft
- —Chainalysis puts Binance losses at about $5.91 billion at time of theft
- —That is nearly 4x the 2025 Bybit hack
- —Binance says roughly $3 billion has been frozen
Why it matters: The estimate cements the Binance breach as the largest crypto theft on record and sets the scale for recovery and compensation talks.
Source: PANews