🚨 Breaking: Binance is working with the FBI and U.S. Secret Service to investigate the attack
Binance says it is working with the FBI and U.S. Secret Service to investigate the attack, which caused approximately $6.3 billion in losses.
The exchange has also set aside more than $6.34 billion in company funds to cover the losses.
Of this amount, Binance already held approximately $5 billion in the affected tokens. The rest is being acquired through the market and OTC transactions, but this process may take longer due to limited liquidity.
Note that this $6.34 billion is separate from the approximately $3 billion in assets frozen after the hack. Binance will publicly verify user assets through its Proof of Reserves system. @Binance Vietnam @CZ #binancehack
Binance says it is working with the FBI and U.S. Secret Service to investigate the attack, which caused approximately $6.3 billion in losses.
The exchange has also set aside more than $6.34 billion in company funds to cover the losses.
Of this amount, Binance already held approximately $5 billion in the affected tokens. The rest is being acquired through the market and OTC transactions, but this process may take longer due to limited liquidity.
Note that this $6.34 billion is separate from the approximately $3 billion in assets frozen after the hack. Binance will publicly verify user assets through its Proof of Reserves system. @Binance Vietnam @CZ #binancehack
