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Binance hacker dumps a little-known 2017 token and it crashes 90%

CoinDesk·October 30, 2026·1 min read
Binance hacker dumps a little-known 2017 token and it crashes 90%

A hacker behind the Binance breach dumped FUN and other small tokens into thin markets, crashing prices by 90%. The sell orders overwhelmed low liquidity, causing sharp declines for the little-known 2017 token and other altcoins. The dump highlights how large holdings can devastate small-cap assets during security incidents.

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