Biggest Crypto Theft Ever About $5.9 billion was stolen, according to Chain (a blockchain analytics company). Binance has not confirmed the amount. This is almost 4 times the previous record, Bybits $1.5B in 2025. The attacker used EIP-7702 (an Ethereum feature that allows a wallet to control hand to contract) to take over a Binance hot wallet. About $3 billion has been frozen so far by Binance, Tether, Circle and Ripple. Binance says it will cover all losses. Binance now says about $3 billion has been frozen, up from $2.54 billion previously, so the chart uses the newer figure. Changfeng Zhao (founder of Binance) put the loss at only "slightly higher" than $1B, so the actual total is still in dispute. The biggest heist in crypto history?