Yesterday, posts began to flood the r/BinanceExchange subreddit complaining about unauthorized sell orders. In one such post, u/shashankkgg laments that all of his altcoins were sold at market price: “WTF is happening! Binance just sold all my alts at market rate and I have got just the Bitcoin now.

Source: Binance Explains API/Phishing Attack, Hackers Walk Away Losing Money