GoKawiilBinance says months-long social engineering and AI-tool breach led to $6.3B hack
Binance co-CEO Richard Teng said attackers spent months infiltrating the exchange's systems, starting in June with a fake developer tool that compromised an engineer's device, followed by sham job interviews in September that delivered hidden malware. The intruders then moved through Binance's internal AI tools to gain access to wallet transaction authorization, resulting in the Oct. 29 theft of more than $6.3 billion in assets. Teng said Binance has restored 98% of the affected funds and is still buying back remaining illiquid assets.