Binance lost millions after client executive kidnapping In an unfortunate turn of events, Binance experienced a major security breach with client executives kidnapped. According to Binance CEO, Changpeng Zhao, the client executives were lured on a business trip to Montenegro where they were coerced into emptying their cryptocurrency wallets. A total of $12.5 million was stolen during the incident. This incident was shared by Zhao on social media.
