Lucie LequierAFP·30 Oct, 2026 07:45 PM3 mins to readBinance's former chief executive, Changpeng Zhao, was convicted in the United States in 2024 for violating anti-money laundering laws, though he was later pardoned by President Donald Trump. Photo / Getty ImagesBinance, the world’s biggest cryptocurrency exchange, estimates that assets worth US$6.3 billion ($11.1b) were impacted by a hacking attack against the trading platform.But how was such a theft possible, and what does it reveal about cryptocurrency security? AFP takes a look.Is Binance reliable? Binance,
Binance heist explainer: How were cryptocurrency billions stolen?
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