One signal

Update

What changed

Binance co-CEO Richard Teng says hackers used an AI tool as well as fake job interviews in the theft, CNBC reports. That adds a specific technical element to the social-engineering account already in the story, though the supplied report does not establish how the tool was used.

Binance says it has replenished 98% of the $6.34 billion in affected assets, according to a security report the exchange issued on Tuesday. The figure is the company’s reported recovery progress, not confirmation that every affected customer has been made whole.

The update gives readers both a new claim about the attack and a changed recovery figure. The remaining question is what Binance means by “replenished” and whether it will provide detail on the AI tool’s role. How much evidence should an exchange publish before customers can judge its recovery claims?

Sources and evidence

• Binance co-CEO Richard Teng says hackers used fake job interviews, AI tool to steal $6.3 billion in crypto 108511116: CNBC reports that Binance co-CEO Richard Teng says hackers used fake job interviews and an AI tool in the theft. Binance’s security report says 98% of $6.34 billion in affected assets have been replenished.

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