Binance Reserves $6.34B+ In Company Funds To Cover Hacking Incident, $5B Already Held In Impacted Token Assets; Figures Do Not Include Frozen Or Protected Assets
$3B in assets frozen with help from industry partners, working with law enforcement to recover frozen assetsAll user funds will be verified publicly through our proof of reserves – Reuters
Binance set aside over $6 billion to protect customers after a hack happened. When a company keeps extra money ready for problems, it shows they take safety seriously.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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