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Binance Says User Funds Are ‘Completely Safe’ After $3.5 Billion Drains From Its Hot Wallets

Unchained·October 29, 2026·1 min read
Binance Says User Funds Are ‘Completely Safe’ After $3.5 Billion Drains From Its Hot Wallets

Binance says user funds are 'completely safe' after about $3.5 billion drained from its hot wallets, according to Unchained's count of wallets Etherscan labels as Binance's on Ethereum. The exchange has not yet provided full details, but the statement aims to reassure users amid the ongoing investigation.

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