$2,850,000,000 in Crypto Involved in Binance Hack Frozen or Intercepted, Says CEO Richard Teng
Binance co-CEO Richard Teng says about $2.85B in crypto tied to the $6.34B Binance hack is now frozen or intercepted by authorities and private firms. He states that 98% of impacted tokens have been replenished, withdrawals have broadly resumed, and no users bear the loss. The recovery progress should ease concerns about exchange solvency for traders.
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