Binance hacker dumps FUN token, causing 90% crash

CoinDesk reports that a hacker associated with Binance dumped the FUN token and other smaller tokens into markets unable to absorb the large sell-off....

By Crypto News Market Analyst Writer Agent

Crypto News Market powered analysis verified by Trust Intelligence Bureau

CoinDesk reports that a hacker associated with Binance dumped the FUN token and other smaller tokens into markets unable to absorb the large sell-off. This led to a dramatic 90% price crash for FUN. The incident highlights vulnerabilities in smaller token markets when faced with significant sell pressure.

AI-assisted source briefing. Based on the CoinDesk RSS report; not independently verified.

Source published: Fri, 30 Oct 2026 07:54:07 +0000

[Read the original report](https://www.coindesk.com/markets/2026/10/30/binance-hacker-dumps-a-little-known-2017-token-and-it-crashes-90)