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Michael Geike: $6.3 billion withdrawn from Binance in 20 minutes without private key compromise

Michael Geike: $6.3 billion withdrawn from Binance in 20 minutes without private key compromise
Binance $6.3 billion withdrawal in minutes

$6.3 billion was withdrawn from Binance in 20 minutes, according to statements reported by Michael Geike. Binance stated that no private key was stolen; instead, attackers managed to access the system and have a cashier authorize withdrawals.

Michael Geike recently highlighted how Vitalik has equipped his AI agent with privacy features, focusing on the challenge of private payments in a previous report. MSCI also announced it will exclude companies that only hold assets and lack an operating business from its Global Investable Market Indexes, according to official statements. These developments come as scrutiny on operational transparency and safeguards intensifies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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