In a rapidly unfolding dramatic development, Binance CEOs Richard Teng and Yi He issued an urgent, surprise statement that stunned the crypto markets following the largest hack in history, valued at $6.3 billion!

Management officially announced that it had already managed to fully cover 80% of the total affected funds through the emergency fund (SAFU) and the company’s own assets, reiterating: “The platform will bear all costs, and users’ funds will not be touched!”

The most important—and most critical—thing now is the announcement of the decisive plan:
1. Gradually resume withdrawals and deposits in stages after passing rigorous security tests.
2. Release the comprehensive technical report and announce the updated “Proof of Reserves” next Monday to demonstrate the platform’s solvency to the world.

Markets are heating up, and Bitcoin is trying to hold steady amid intense international anticipation and investigations involving global sovereign agencies pursuing whales and hackers.

👇 Click on the comments now and tell us: Does management’s new statement and the 80% coverage restore your full confidence in Binance? Or will you withdraw your funds as soon as full withdrawals reopen on Monday? Share your opinion now!

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