BLOOMBERG · 2026-10-31 15:15 UTC

Binance Restores 90% of Stolen Crypto, Promises Withdrawals Soon

Binance has covered 90% of the $6.3 billion in stolen cryptocurrency and plans to restore withdrawals by Sunday. The exchange is using corporate treasury, emergency, and insurance funds to fully reimburse customers without passing losses to users. The remaining 10% involves less liquid tokens that are harder to replace; this is the largest cryptocurrency hack in history.

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