Binance recovers 90 percent of stolen assets from hack
Summary
Binance said it had recovered or replenished 90 percent of assets stolen in a $6.3 billion hack. The exchange suspended deposits and withdrawals on Thursday after funds began moving out of its wallets.Key Facts
- Binance reported that 90 percent of the stolen assets had been recovered or replenished.
- The hack involved $6.3 billion in assets, according to Binance.
- Funds began moving out of Binance wallets on Thursday.
- Binance suspended deposits and withdrawals after the funds started moving.
- Other cryptocurrency firms froze about $3 billion in assets connected to the incident.
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