Binance plans to use SAFU fund 50%funds to cover the loss
A forwarded post from a Telegram channel claims that Binance will transfer from SAFU the fund address 50%funds to cover an unspecified loss, with the remaining funds retained in the fund.
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A forwarded post from a Telegram channel claims that Binance will transfer from SAFU the fund address 50%funds to cover an unspecified loss, with the remaining funds retained in the fund.
21Shares The report stated that, following the Binance hack, Bitcoin 24 fell by slightly more than within 2%hours, and approximately 3000000000 USD of assets have been frozen; Binance pledged to cover all losses.
PANews published an analysis article discussing possible sources of compensation funds following Binance's 6300000000 USD losses, which may come from the SAFU fund, proof of reserves, and historical profits.