Dr.Syed | Crypto Doctor (@Dochydex) header
Dr.Syed | Crypto Doctor (@Dochydex) profile picture

🩺 Internal Medicine Doctor Arch Angel | MENAP & Türkiye @binance Explaining crypto without the jargon. Security • Psychology • Education

Dubai, United Arab Emirates
Joined November 2023
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With LEGEND @FarranTarek at DUBAI FUTURE FINANCE WEEK …
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Dr.Syed | Crypto Doctor retweeted
Thank you, @SecretService, and all the agencies and industry partners involved. You acted within minutes to help track and freeze stolen funds, and the work continues. Your speed, expertise, and dedication helped contain the damage and reduce the risk of potential ripple effects across crypto and, may I say, even the broader financial markets. Deeply grateful. 🙏🙏🙏🙏
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: fbi.gov/investigate/cyber/al…
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Dr.Syed | Crypto Doctor retweeted
🚨☠️SCAM ALERT!! there is no compensation for withdrawal suspension. Stay safe and follow official @Binance account ONLY!👇
🚨🚨🚨 Binance's community rewards campaign requires regulatory approval and will go live after the regulator reviews and approves it once offices open tomorrow. There is currently no cash voucher campaign, so please be vigilant against all types of phishing and scam links. Safety first.💁🏻‍♀️
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Dr.Syed | Crypto Doctor retweeted
We’ll make sure your $12 is still there; we’ve already moved $12 from our own wallet to cover it.💁🏻‍♀️
Me reacting to the Binance Hack
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Dr.Syed | Crypto Doctor retweeted
US Law Enforcement agencies (FBI, USSS, IRS and more) provided vital help in this incident, including tracking, freezing, etc. A tweet can’t fully express our gratitude. Many crypto bros may not realize, a lot of the "why bitcoin didn't drop more?" credit goes to them. 🙏
The FBI is releasing information advising the Democratic People's Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from cryptocurrency exchange, Binance, on or about October 29, 2026. The FBI refers to this specific North Korean malicious cyber activity as "TraderTraitor." The FBI, together with partners at the USSS and IRS-CI, has observed TraderTraitor actors converting stolen assets primarily into Ethereum (ETH). It is expected these assets will then be further laundered by converting them using DeFi and instant swap services as they prepare them for further laundering stages. How You Can Help: FBI, USSS, and IRS-CI are urging private sector entities including THORNode operators, RPC node operators, instant exchanges, DeFi services, blockchain analytics firms, and other virtual asset service providers to block transactions with or derived from addresses TraderTraitor actors are using to launder these stolen assets. A list of addresses associated with this activity is available here: fbi.gov/investigate/cyber/al…
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Dr.Syed | Crypto Doctor retweeted
Update: SAFU fund transfer is complete - this was the large 7,499 $BTC transfer visible here: blockchair.com/bitcoin/trans…
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Dr.Syed | Crypto Doctor retweeted
We know how important trust is, especially in moments like this. We've now replenished 90% of the stolen assets, and we're committed to covering the remaining 10%. Our users will not bear the financial impact of this incident. We've also shared an updated Proof of Reserves snapshot, and we're working towards resuming withdrawals on November 1. Thank you for your patience and trust. We'll keep you updated every step of the way.
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Dr.Syed | Crypto Doctor retweeted
Our team is conducting security checks. Withdrawals will resume as soon as the security issue is fully resolved. User funds remain safe. We’ll keep you updated. Thank you for your patience.
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Dr.Syed | Crypto Doctor retweeted
lastest news from @_RichardTeng here✨👇
I want to speak to you directly about what happened. Bottom line - your money is safe, and we're covering every loss. Our initial investigation suggests this security incident may have started with a compromised DevOps engineer's laptop. That gave an attacker access to a service container, where they submitted unauthorized withdrawal transactions. To be clear: the attacker did not simply use one engineer's permissions, and this was not a single "one-click" action. It involved a more complex attack process. Our investigation has not attributed responsibility to any individual. So far, we have found no evidence of any wallet private key leak. We'll share a detailed technical post-mortem once the investigation is complete and every fact is verified - and publish an updated Proof of Reserves once remediation is complete. What you need to know: • Your funds are safe • Binance will cover all losses from the SAFU fund and company funds • Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners • No evidence of any wallet private key leak • Deposits are unaffected and operating as normal What we've done: • Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses • Revoked the affected address authorizations • Engaged law enforcement and blockchain intelligence partners to trace and recover funds Our team hasn't stopped. We're working closely with law enforcement to ensure the matter is handled appropriately - and I'll share what I can, as soon as I can.
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Dr.Syed | Crypto Doctor retweeted
Funds are SAFU
User funds are SAFU! Yet, this pregnant lady 👇 pulled an all nighter, along side hundreds of Binancians. Many industry friends and even competitors (including some previously-not-so-friendly ones) provided very much needed help. 🙏 It hurts, but we will survive. 💪
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Dr.Syed | Crypto Doctor retweeted
بخصوص هذا الحادث الأمني، لدى كثيرين منكم تساؤلات حول التفاصيل التقنية. واستناداً إلى المعلومات المتوفرة لدينا حالياً، نوضّح النقاط التالية: 1️⃣ لم يكن الأمر مجرد اختراق جهاز حاسوب واحدثم تحويل الأموال: لم يكن بالإمكان تنفيذ هذا الحادث عبر جهاز واحد فقط، فاختراق حاسوب أحد الموظفين لم يكن سوى نقطة البداية لهذا الهجوم. وعادةً ما تكون الهجمات التي تستهدف مؤسسات العملات الرقمية موجّهة بدقة عالية، ويلجأ فيها المهاجمون غالباً إلى أساليب معقّدة لتنفيذ الاختراق. وقد حدّدنا بالفعل خيوطاً رئيسية مرتبطة بالحادث، واتخذنا إجراءات فورية لاحتواء المخاطر، ولا تزال جهود التحقيق والتتبّع مستمرة. وفي هذه المرحلة، جرى تفعيل آليات إدارة المخاطر الأساسية وآليات الطوارئ في المنصة، مع إعطاء سلامة أصول المستخدمين الأولوية القصوى. 2️⃣ بخصوص التساؤل حول «امتلاك المهندس صلاحيات مفرطة»: لم يكن هذا حادثاً تمكّن فيه المهاجم من استغلال صلاحيات مهندس بعينه مباشرةً لإتمام تحويل الأموال، ولم يكن نتيجة قدرة شخص واحد على تنفيذه «بنقرة واحدة»، بل انطوت الأنشطة غير الاعتيادية المرتبطة به على عملية هجوم أكثر تعقيداً. ونؤكد أن التحقيق الجاري لم يُحمّل أي فرد المسؤولية، وأن الشركة ستتحمّل المسؤولية المترتبة على ذلك، وستواصل جهود المعالجة اللاحقة وتعزيز منظومتها الأمنية. 3️⃣ الحقائق المؤكدة حتى الآن: لم يُعثر على أي دليل يشير إلى تسرّب المفاتيح الخاصة للمحافظ. أموال المستخدمين آمنة، وستُغطّى جميع الخسائر الناتجة عن الأصول المسروقة في هذا الحادث بالكامل من صندوق SAFU وأموال الشركة، دون أن يتحمّل المستخدمون أي أعباء. كما تم بالفعل تجميد ما يقارب 3 مليارات دولار من الأصول المتأثرة على البلوكتشين، ونتعاون مع جهات إنفاذ القانون وشركات استخبارات البلوكتشين لتعقّبها. ويمكن تتبّع حركة هذه الأموال على البلوكتشين بشكل علني. 4️⃣ حالة الإيداع والسحب: لا تزال عمليات الإيداع متاحة بالكامل ولم تتأثر طوال الفترة الماضية. أما عمليات السحب فقد عُلّقت مؤقتاً كإجراء احترازي، ومن المتوقع استئنافها خلال 48 ساعة، على أن يُحدَّد التوقيت الدقيق وفق الإعلانات الرسمية. ونتفهّم ما سبّبه ذلك من إزعاج، وسنوافيكم بآخر المستجدات في أقرب وقت ممكن. 5️⃣ الخطوات القادمة: سنواصل إطلاعكم على آخر المستجدات مع الحرص على دقة التحقيق، وفور الانتهاء من معالجة الحادث ومراجعته، سننشر تفاصيل وافية إلى جانب إجراءات إضافية لتعزيز الأمان. وسنواجه المشكلات التي كشف عنها هذا الحادث بكل وضوح ومسؤولية، دون أي مواربة. نشكركم جميعاً على صبركم ومتابعتكم. 🙏
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Dr.Syed | Crypto Doctor retweeted
Binance has reassured users that all funds are safe and any losses will be fully covered through SAFU and company funds. No evidence of wallet private key leaks has been found. We stand with @cz_binance and the Binance team. #SAFU #Binance @BinancePk @Rizypto @binance
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Dr.Syed | Crypto Doctor retweeted
Thank you! 🙏🙏🙏
Circle is closely tracking reports of a potential exploit involving Binance. In coordination with law enforcement, we have frozen more than 800M USDC associated with the incident and will continue supporting the investigation.
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Dr.Syed | Crypto Doctor retweeted
Users Funds Are SAFU
User funds are safe. Binance will cover all hacking losses. Deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement. We will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
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Dr.Syed | Crypto Doctor retweeted
I want to speak to you directly about what happened. Bottom line - your money is safe, and we're covering every loss. Our initial investigation suggests this security incident may have started with a compromised DevOps engineer's laptop. That gave an attacker access to a service container, where they submitted unauthorized withdrawal transactions. To be clear: the attacker did not simply use one engineer's permissions, and this was not a single "one-click" action. It involved a more complex attack process. Our investigation has not attributed responsibility to any individual. So far, we have found no evidence of any wallet private key leak. We'll share a detailed technical post-mortem once the investigation is complete and every fact is verified - and publish an updated Proof of Reserves once remediation is complete. What you need to know: • Your funds are safe • Binance will cover all losses from the SAFU fund and company funds • Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners • No evidence of any wallet private key leak • Deposits are unaffected and operating as normal What we've done: • Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses • Revoked the affected address authorizations • Engaged law enforcement and blockchain intelligence partners to trace and recover funds Our team hasn't stopped. We're working closely with law enforcement to ensure the matter is handled appropriately - and I'll share what I can, as soon as I can.
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**Binance Service Update** Deposits remain unaffected and continue to operate as normal. The Binance team is working on enhancing withdrawal services and implementing additional address controls. Withdrawal services are expected to resume within the next 48 hours. Stay tuned to Binance's official channels for further updates. Thank you for your patience and understanding. 💛
Service Update Deposits remain unaffected and continue to operate as normal. Withdrawals remain paused while our team completes a security revamp of the withdrawal service and its related addresses. We expect to resume within 48 hours, and will update with further details. The incident stems from multiple factors. Our security team is tracing the full attack path through the compromised computer which may be the entry point of the incident. A comprehensive report with the root cause will follow. We will continue to share updates through official Binance channels.
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Dr.Syed | Crypto Doctor retweeted
Am i the only one seeing normal(reasonable) numbers!? I don’t see why u freaking out so much. Remember we’re #BINANCE. 💪🏼
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Dr.Syed | Crypto Doctor retweeted
Our team is conducting security checks. Withdrawals will resume as soon as the security issue is fully resolved. User funds remain safe🙌 We’ll keep you updated. Thank you for your patience.
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Dr.Syed | Crypto Doctor retweeted
1. Users' funds are safe. Binance will cover all losses fully. 2. Deposit and withdrawal will resume AFTER security checks completed to prevent further loss. 3. Cause is not a private wallet key hack. More likely a device compromise leads to production system. The tech team is still investigating and more detailed security post-mortem will share later. 4. Global law enforcements are in contact and collaboration.
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Dr.Syed | Crypto Doctor retweeted
Our teams are aware of reports of a potential security issue and are actively investigating. User funds are completely safe. Our security teams are reviewing all relevant information with urgency, and we will provide updates through official Binance channels as soon as we have verified information. Users should remain cautious of scams and should not trust unofficial links, messages, or requests for account information.
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