CryptoSlashdotabout 2 hours ago
Binance Replenishes 90% of Stolen Funds
3 min read
Binance co-CEO Richard Teng announced the exchange replenished 90% of stolen assets from the record hack, pledging to cover the remaining 10%. The company used $6.34 billion in internal funds, including its $1 billion Secure Asset Fund, to replace tokens lost to a North Korea-sponsored group. Withdrawals are scheduled to reopen Sunday.
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