Security
How Binance Plans To Cover $6 Billion Hack Without Hitting Customers
Coinpedia·October 30, 2026·1 min read
Binance says customer balances are untouched by this week's $6 billion hack because the stolen crypto came from one of its own hot wallets, which the exchange legally owns. A spokesperson explained the setup to journalist Eleanor Terrett, noting that deposited assets are typically owned by the platform.
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