Binance Reserves $6.34 Billion to Cover Users' Asset Losses and Is Collaborating with Multiple Parties to Recover Funds
2026-10-30 19:35:00
According to CoinMeta, Binance has reserved $6.34 billion of company funds to cover users' asset losses, of which $5 billion is held in the form of affected tokens. The remaining amount is being purchased through market and OTC channels. Binance has begun to restore affected assets for users and is cooperating with law enforcement agencies, token issuers, blockchain intelligence companies, and industry partners to track, freeze, and recover the funds. To date, approximately $3 billion in assets have been frozen, and the aforementioned reserved amount does not include the assets that have already been frozen or protected.
Source:Internet
This content is for market information only and does not constitute investment advice.
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