---
title: "Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion"
url: https://thecoingazette.com/binance-drained-of-5-5-billion-in-suspected-hack-tether-and-circle-freeze-1-8-billion/
date: 2026-10-29
modified: 2026-10-29
lang: en
author: "Coin Gazette Editorial"
description: "An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, as Tether and Circle froze $1.8 billion."
categories:
  - "Coins"
word_count: 21
---

# Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion

An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, as Tether and Circle froze $1.8 billion.