Haseeb says the market reaction to the Binance theft incident was calmer than during FTX, while Binance says it has initiated asset recovery
Dragonfly Managing Partner Haseeb Qureshi said Binance's latest losses were slightly more than 6000000000 USD, but both market declines and capital outflows were limited. Binance said it is working with multiple parties to trace, freeze, and recover affected assets.