Richard Teng sat down with Fox Business and CNBC to explain the Oct 29 incident in full.
$BNB holders, this is the clearest walkthrough yet.
He says the attackers "spent months building their way in": a fake developer tool in June, then fake recruiter interviews in September ending in a malware-laced coding exercise.
What's been done since:
- 98% of the $6.34B in affected assets replenished
- Binance: "Users will not bear the financial impact of this incident"
- Wallet system and internal AI tool rebuilt, devices replaced, credentials rotated
- An independent expert reviewing everything
- Latest Proof of Reserves completed
His line: "The difference is verification, not just promises."
Both full interviews are worth watching on CNBC and Fox Business.
#Binance #BNB
NFA. DYOR.
$BNB holders, this is the clearest walkthrough yet.
He says the attackers "spent months building their way in": a fake developer tool in June, then fake recruiter interviews in September ending in a malware-laced coding exercise.
What's been done since:
- 98% of the $6.34B in affected assets replenished
- Binance: "Users will not bear the financial impact of this incident"
- Wallet system and internal AI tool rebuilt, devices replaced, credentials rotated
- An independent expert reviewing everything
- Latest Proof of Reserves completed
His line: "The difference is verification, not just promises."
Both full interviews are worth watching on CNBC and Fox Business.
#Binance #BNB
NFA. DYOR.
