Security
Binance Sets Aside $6.34 Billion to Cover User Losses After Security Incident
COINOTAG·October 30, 2026·1 min read
Binance set aside over $6.34 billion to cover user losses from its security incident, with $5 billion in tokens in place and about $3 billion frozen on-chain. The exchange is working to reimburse affected customers while tracing and recovering stolen assets.
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