Alistair Milne|Oct 30, 2026 01:55
Binance hack, customer exposure:
Customer reserves: $165.4B
Stolen: $5.9B (3.6%)
Minus frozen: -$3.0B
Minus SAFU fund: -$1.17B
Net uncovered: ~$1.7B (1.0%)
... so even if Binance socialised losses (they say they won't), that seems to be the max exposure rn
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