Noah Perlman

Chief Compliance Officer @Binance | Former COO & CCO @Gemini | Former Global Head of Financial Crimes @MorganStanley | Former AUSA @TheJusticeDept

[Noah Perlman @NoahPerlman]

🙏🏻

[U.S. Secret Service @SecretService]

The U.S. Secret Service continues to investigate the theft of more than $6 billion in cryptocurrency from Binance Global.

Within minutes of the incident on Thursday afternoon, Secret Service investigators worked with industry partners to identify and freeze a significant portion of stolen cryptocurrency. That work continues with the @FBI, @IRS_CI, the @USAO_DC and the U.S. Attorney’s Office for the Central District of California, DOJ CCIPS, and @DOJNatSec.

A list of addresses that are holding or have held assets from the theft can be found here: https://t.co/c8zzDOgIxk

[Noah Perlman @NoahPerlman]

RT @cz_binance: 12 hours after withdrawals resumed: 2.1% net outflow, with most occurring in the first couple of hours.

Over $1 billion in…

[Binance @binance]

https://t.co/FJazWAxnQX

[Anthony Scaramucci @Scaramucci]

In the aftermath of the largest incident in crypto history, Binance’s response is what industry leadership looks like.
Immediate, direct communication from Richard Teng. User funds fully covered from the SAFU fund and company reserves (not other customers). Roughly half the assets already frozen through coordinated action with stablecoin issuers, blockchain partners, and law enforcement. Deposits continuing, withdrawals paused only for a security overhaul, and a clear commitment to an updated Proof of Reserves.
This is how mature platforms absorb extreme events and protect users. The standard has been raised. Proud of the response.
$BNB

[Binance @binance]

Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.

The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.

As an immediate precaution, Binance has:

- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.

Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.

Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.

https://t.co/ywB2mKFy0p

[Noah Perlman @NoahPerlman]

@tyler Thank you @tyler 🙏🏻

[Noah Perlman @NoahPerlman]

@ZachWitkoff @binance 🙏🏻

[Noah Perlman @NoahPerlman]

@thesloanmaddox 💯

[Noah Perlman @NoahPerlman]

Newsworthy: the OCC is now openly courting community banks to issue payment stablecoins under the GENIUS Act. The catch for compliance teams: its final rule leaves BSA/AML and sanctions to a separate rulemaking that isn't final yet. Applications open once OMB signs off.

[Noah Perlman @NoahPerlman]

The UK FCA is putting crypto tracing on notice.

Its draft Financial Crime Guide (CP26/38) calls a fixed "hop" cutoff poor practice unless it matches identified risk — and expects firms to explain their analytics vendors' risk scores, not just rely on the tool.

Comments due Dec 24.
https://t.co/7TmSLfhiN0

[Noah Perlman @NoahPerlman]

@heyibinance ♥️

[Noah Perlman @NoahPerlman]

🚀🚀🚀

[Kash Razzaghi @KashRazzaghi]

USDC is the safest, most regulated, and most widely transacted stablecoin in the world. No other stablecoin comes close.

Today, we're excited to take yet another step toward mainstream adoption.

We are extending our partnership with @binance with a new five-year agreement to expand USDC across emerging markets, extending dollar access for global payments, trading, and store of value. Binance is also making a $100M strategic investment in Circle. Read more about our partnership here.

https://t.co/ZZH1B58E63

[Noah Perlman @NoahPerlman]

When a designated terrorist group tells donors to avoid @Binance so their wallets don’t get blocked, that is not a coincidence. That is the control environment working. Binance is not a safe venue for illicit finance. We will keep investing in sanctions screening, transaction monitoring, and investigations — and keep working with law enforcement to disrupt terrorist financing.

[CoinDesk @CoinDesk]

SCOOP: Hamas’ military wing told donors to avoid Binance. Use Bybit, OKX and others instead.

Read the full post by @ianallison123.

[Nikita @0xVishnya]

Hamas told its donors to skip Binance and use RedotPay and KAST instead

From an FBI affidavit unsealed Sep 1, part of the $560K Hamas crypto seizure:

- Feb 10, 2025: an FBI source asks how to donate. The reply: a USDT address on Tron and a set of rules
- rule 3: "It is preferable not to use the BINANCE platform... You can transfer through the application: trust wallet, RedotPay, OKX, Kast, BYBIT"
- the reason: no data with our official name, "so that your wallet is not blocked". Binance to buy, not to send
- the FBI agent: Binance runs KYC, the listed tools are "commonly utilized to obfuscate the identity of the sender"
- the same instruction sits in three affidavits, June 2025 to August 2026. Over $3M raised by November 2025, per the FBI

What the affidavits do not show: a single transfer traced to a @RedotPay or @KASTxyz account. Both names appear once, and neither Kast nor RedotPay has reacted

[Noah Perlman @NoahPerlman]

Looking forward to heading to DC for @CoinDesk's Policy & Reg forum later this month. AI use to disrupt bad actors is the topic with a super panel including Caroline Hill, Lesley Chavkin, and @ARedbord. This is one of my favorite subjects and should be a great conversation.

https://t.co/fI5nZ3yu6i

[Binance @binance]

Binance’s Investigations team joined #OperationLighthouse, a Chainalysis-led sprint with private-sector partners and law enforcement to disrupt CSAM networks.

We’re proud to support efforts that help make the digital asset ecosystem safer.

[Binance @binance]

In response to the devastating earthquake impacting Colombia, #Binance Charity is donating 650,000 dollars in 20 USDT vouchers to help Binance users living in the affected areas and waiving P2P fees until August 18, 2026 (23:59 UTC -3).

We're standing together with Colombia. 🙏

Find more here: https://t.co/RDiFJ4x9s2

[Binance @binance]

Is quantum computing a real threat to your crypto today?

Binance’s CSO answers five key questions on the real timeline, the real risks, and how Binance is preparing.

At Binance, protecting users means thinking ahead, including for the quantum era. https://t.co/Yc4eWmxrwu

[Noah Perlman @NoahPerlman]

During my time as a prosecutor working on crimes against children cases, I saw the devastating human impact behind exploitation.

That perspective informs my work today. @binance's partnership with STOP THE TRAFFIK combines blockchain expertise with frontline intelligence to help disrupt the financial flows behind human trafficking and modern slavery.

Proud to support cross-sector collaboration to better protect vulnerable communities.
https://t.co/wSrGqExWIC

[Richard Teng @_RichardTeng]

I wrote an op-ed on MiCA and what comes next for crypto in Europe.

The EU built the world's first comprehensive crypto framework - a real achievement. But frameworks are only as strong as their implementation.

@binance is committed to MiCA, and to doing its part. European users deserve a MiCA framework that delivers on its original promise.

My full take is in the replies ⤵️