Binance Lost $6.3B to a Fake Zoom Call and 50 Lines of Code

A fake HR recruiter on Zoom and 50 lines of valid code let attackers drain $6.34B from Binance without cracking a single key. For investors, it shows how operational fragility can empty even a strong moat in hours.

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Chapters

(0:00) Binance Breach Autopsy

(3:23) Takeaway for Long-Term Investors

(4:05) AI System as Lateral Bridge

(6:07) DPRK TraderTraitor Operation

(7:50) Takeaway for Long-Term Investors

(8:31) DPRK TraderTraitor Operation

(10:09) AI System as Lateral Bridge

(10:51) Permissions for Catastrophic Control

(13:37) AI Threat Model Shift

(16:17) AI System as Lateral Bridge

(17:45) AI Threat Model Shift

(18:28) Permissions for Catastrophic Control

(21:09) Largest Digital Theft on Record

(21:49) EIP-7702 Exploit Mechanics

(28:44) MPC Vulnerability Matrix

(30:43) EIP-7702 Exploit Mechanics

(31:59) Aftermath and Liquidity Stress Test

(35:05) AI Threat Model Shift

(36:50) Aftermath and Liquidity Stress Test

(37:51) AI Threat Model Shift

(38:33) Aftermath and Liquidity Stress Test

(41:02) Takeaway for Long-Term Investors

(42:46) AI Threat Model Shift

(44:46) Intelligent Value Investor Apps

(44:56) Get the free apps

Full open-source research report: https://research.deepvalues.ai/insights/2026-11-03-the-binance-breach-anatomy-of-a-crypto-heist/?utm_source=spotify&utm_medium=description&utm_campaign=company&utm_content=how_fake_zoom_calls_drained_binance

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