Lock the account first, then secure your email and passwords from a clean device, then report. Freezing the account stops further withdrawals; nothing reliably reverses an on-chain transfer that has already confirmed. On a wallet-based exchange there is no account to freeze: move what is left to a new wallet and revoke approvals. If you only clicked a suspicious link and see no unknown logins or withdrawals, start with steps 2 and 3; freeze as soon as you see either.

Step 1: freeze the account (minutes 0–5)

If you can still sign in safely, delete API keys first (one minute), then freeze. After a freeze, finish the remaining steps with the exchange’s support.

ExchangeSelf-service lockWhat it doesOfficial page
BinanceDisable account (Security → Account Management)Blocks access to protect assets when you see suspicious activityBinance FAQ (updated 2025-11-24)
BybitDeactivate accountBlocks login; stolen assets are reported separatelyDeactivate (updated 2026-03-04) · Report stolen assets
OKXFreeze account (web or app)Blocks login; you can unfreeze later after verificationOKX help (updated 2026-08-25)
GateNo self-service freeze found on the pages checkedContact support in the app; withdrawals pause 24 hours after any security-setting changeGate Help Center · 24-hour block
BingXAccount locking (listed in the safety guide)Locks the account from the security settingsBingX safety guide
MAXNo self-service freeze found on the pages checkedContact MAX supportMAX support
Hyperliquid · AsterNone — wallet-basedTreat the wallet as burned and move remaining funds to a new walletHyperliquid docs

Steps 2–6: the rest of the hour

2. Secure email and passwords from a clean device (minutes 5–20)

Use a device you trust, not the one that clicked the link. Change the email password first (it resets everything else), then the exchange password, then re-set 2FA with an authenticator app or passkey.

3. Revoke API keys, sessions and devices (minutes 20–25)

Delete every API key you did not just create, sign out all sessions and remove unknown devices. On a wallet, revoke token approvals — Hyperliquid’s docs point to revoke.cash.

4. Contact support only through verified channels

Use in-app chat or a contact you have checked with an official tool such as Binance Verify. Anyone who contacts you first and asks you to move funds to a “safe” wallet is the attacker; Coinbase says it never asks for passwords, 2FA codes or transfers to a new address.

5. Record evidence

Save transaction hashes, receiving addresses, times (with time zone), screenshots of login alerts and every message from the attacker.

6. Report

  • United States: FBI IC3.
  • Taiwan: the 165 anti-fraud hotline or 165.npa.gov.tw, and your local police station.
  • Elsewhere: local police, then the exchange’s stolen-asset report with the police reference.

What exchanges will and won’t do

SituationWhat has happened in practiceSource
Exchange-side hackSome exchanges covered balances from reserves: Bybit (1:1 backing, 2025), Bitget (Protection Fund, 2026). This is the exchange’s decision, not insuranceBybit 2025-03-03; Bitget 2026-09-26
Your account taken overGenerally treated as your loss. Coinbase’s 2025 reimbursement covered customers tricked by attackers using data leaked from Coinbase itselfCoinbase 2025-05-15
Wallet-based exchangeNo one can reverse a signed transaction; Hyperliquid’s guidance is to move funds and revoke approvalsHyperliquid docs
Stablecoin freezesIssuers sometimes freeze stolen tokens: about $1.1M was frozen in the Bitget caseThe Hacker News 2026-10-01 (secondary)

Common questions

Can the exchange reverse a withdrawal?

Not once it is confirmed on-chain. A freeze stops further withdrawals; a report can help if funds reach another exchange or a stablecoin issuer that freezes them.

Should I pay a “fund recovery” service?

CoinFeeHub’s editorial view: treat any paid recovery offer that contacts you after a theft as a likely second scam, and report it.

Will reporting get my money back?

Not necessarily. Reports support investigations and freezes; keep your evidence and reference numbers.

How do I avoid this next time?

Use the 15-minute setup and learn the six takeover patterns.

Sources and editorial notes

Sources checked 2026-10-07. The order and timings of the steps are CoinFeeHub editorial guidance; exchange procedures come from their official help pages.

Change note

2026-10-07 · Page created with per-exchange freeze links and a six-step first hour.