Binance reported the theft of $6.3 billion using AI

Cryptocurrency exchange Binance has faced a massive cybercrime in which attackers stole $6.3 billion in cryptocurrency.

According to company co-CEO Richard Teng, hackers used a combination of sophisticated social engineering methods, including fake job interviews. To carry out the scheme, the criminals utilized specialized generative technologies and AI-based tools.

The use of synthetic content allowed the attackers to effectively mask their activity and bypass internal personnel verification protocols during the hiring phase.

The incident highlights new information security threats that major financial platforms are facing amid the development of automated hacking tools.