We have fully covered the assets affected by the security incident
We have completed coverage of all assets affected by the incident. We have also published a new Proof of Reserves snapshot, which shows that all assets are accounted for.
How we covered the losses:
— Allocated more than $6.34 billion of our own funds
— Bought back the affected tokens on the market and through OTC
— Used part of the SAFU fund, part of the futures insurance fund (above the level required by our risk management system), and Binance corporate funds
→ Proof of Reserves
Thank you for your patience and support.
We have completed coverage of all assets affected by the incident. We have also published a new Proof of Reserves snapshot, which shows that all assets are accounted for.
How we covered the losses:
— Allocated more than $6.34 billion of our own funds
— Bought back the affected tokens on the market and through OTC
— Used part of the SAFU fund, part of the futures insurance fund (above the level required by our risk management system), and Binance corporate funds
→ Proof of Reserves
Thank you for your patience and support.
