Binance CEO says 90 percent of stolen assets have been ‘replenished’
After hackers stole a shocking $6.3 billion from Binance customers in a record-breaking crypto heist, the company's CEO says that 90 percent of the funds have been replaced, and the company plans to cover the remaining 10 percent as well. Binance is covering the stolen funds directly, and the remaining 10 percent consists of "less […]
A staggering $6.3 billion in cryptocurrency has been stolen from Binance users, but the company's CEO claims that 90 percent of the stolen assets have been "replenished". The hackers executed what was reportedly the largest-ever crypto heist against Binance, siphoning off a colossal sum.
In a post on X, the Binance CEO announced that the company plans to reimburse the remaining 10 percent of the stolen funds as well. However, these remaining assets are "less liquid" tokens, which the company says could take longer to acquire compared to the more easily traded counterparts.
Despite the ongoing challenges, Binance assures its users that it remains fully committed to covering the financial impact of the stolen funds. The company is on track to restart withdrawal services, which were recently paused, and expects to reopen withdrawals on Sunday, November 1, 2026. The CEO reiterated the company's steadfast commitment to restoring the financial well-being of affected users, emphasizing measurable progress, transparent reporting, and concrete actions.
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