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Bitcoin Stolen in Binance Hack Is Likely ‘Gone,’ Ballet Says

Bloomberg Technology Friday 30 October 2026, 05:19 UTC By Haslinda Amin 1 min read
Key Points

Crypto 101 Bitcoin Stolen in Binance Hack Is Likely ‘Gone,’ Ballet Says The Bitcoin stolen in the hack of Binance’s crypto exchange will probably be impossible to recover, according to Bobby Lee, founder of digital-asset hardware wallet company Ballet Global Inc. “That’s gone,” Lee said in a Bloomberg Television interview on Friday. “The Bitcoin that’s lost, that’s all gone out into the hackers’ hands.”

Crypto 101 Bitcoin Stolen in Binance Hack Is Likely ‘Gone,’ Ballet Says The Bitcoin stolen in the hack of Binance’s crypto exchange will probably be impossible to recover, according to Bobby Lee, founder of digital-asset hardware wallet company Ballet Global Inc. “That’s gone,” Lee said in a Bloomberg Television interview on Friday. “The Bitcoin that’s lost, that’s all gone out into the hackers’ hands.”
Binance Hack (PERSON) Binance (PERSON) Bobby Lee (PERSON) Ballet Global Inc. (ORG) Lee (PERSON) Bloomberg Television (ORG) Bitcoin (ORG)
Originally published by Bloomberg Technology Read original →

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