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Binance's $6.3 billion hack is the biggest known crypto theft ever

The estimated $6.3 billion theft reported Thursday by crypto exchange Binance isn't the first time the industry has dealt with a major, unexpected incident in which large sums of customer assets are frozen , spurring a rout in crypto stocks. It may bring to mind crypto's more turbulent days, such as the collapse of FTX, though in that full-on meltdown , with an initial shortfall of $8 billion to $8.9 billion, the Binance rival’s own founder, Sam Bankman-Fried, was charged with the heist. Bankman