Binance assures no losses

Binance co-CEO Richard Teng said the exchange will absorb all losses from a $6.3 billion cyber theft attributed by the FBI to North Korean hackers, and customers’ balances were not compromised. Binance has replenished 98% of affected assets and is procuring the remaining 2%, which Teng said are less-liquid tokens; the company also closed the attackers’ entry points and rebuilt the affected system.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article