Binance holds around $165 billion in customer assets, as of October 1.
They were hacked for $5.6 billion; they have recovered $2.4 billion… $3.2 billion remains stolen after the freezes
That represents ~2% of everything Binance holds, but that capital belongs to its customers
The SAFU fund
#Binance � that handles these cases has 15,000 BTC ($~1.2 billion)
They are $2 billion short of reimbursing exchange users… people are withdrawing their crypto from there to secure their capital
Binance has BNB and other major assets to cover the
#Hack , but the price of
$BTC is bearing that downward pressure 🤷🏻
#bnb #PruebaDeReservas #BinanceSquareFamily $BNB