Article produced with artificial intelligence systems and published under the editorial responsibility of Amelia Tomasicchio. How we work Binance’s $6.3 billion crypto heist, the largest theft on record, is prompting insurance underwriters to examine crypto companies’ security and exposure to the exchange more closely. The response is expected to focus on tougher questions at renewal rather than a broad withdrawal of coverage, while the loss exceeds the protection available under any existing crypto insurance policy.