BLOOMBERG · 2026-11-12 17:44 UTC

Binance Finishes Covering $6.3 Billion of Stolen Customer Tokens

Binance says it has now covered all $6.3 billion in cryptoassets stolen from customers in the Oct. 29 incident. The US government and analysts have blamed North Korea for the hack, which involved both common tokens and more obscure ones that took longer to buy back. Binance used profits and emergency funds to restore most tokens within days; the remaining 10% required more effort.

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