Hacker receives $71 for $5 million in tokens on Uniswap

Business · 1 November 2026

Written by AI from multiple news reports

A hacker linked to the Binance exchange theft on October 29 has lost around $5 million in a failed attempt to sell stolen tokens. On October 31, the attacker tried to exchange 908,793 PROM tokens through a decentralized trading platform called Uniswap V2. The pool they chose had almost no money in it. Because the trade was so large compared to the available funds, the hacker received only 0.0316 ETH, worth about $71, in return. This kind of loss happens when a pool lacks enough liquidity to handle a big trade. The same group made a similar mistake before when selling FUN tokens. Binance has since replenished about 90 percent of the funds that customers lost in the original attack.

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