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Binance resumes crypto withdrawals as Trump administration investigates

Binance resumes crypto withdrawals as Trump administration investigates

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THE BRIEF
1

Binance resumed USDT, USDC, and ETH withdrawals on Ethereum alongside BNB withdrawals on BNB Smart Chain following an October 29 attack resulting in $6.3 billion in stolen cryptocurrency.

2

Bitcoin withdrawals were restored earlier during the phased reopening, while deposits remain operational and other withdrawal networks undergo security checks.

3

Binance announced it replaced approximately 95 percent of affected assets, and US President Donald Trump confirmed his administration is investigating the incident.