PANews
PANews|Oct 30, 2026 15:52
[He Yi: Binance's Net Affected Funds Exceed $3 Billion, Representing Over 2% of User Assets and Reserves] According to a video posted on X by Binance co-founder He Yi, the net affected funds in this hot wallet theft incident amounted to over $3 billion, representing more than 2% of user assets and public reserve assets. He Yi stated that user funds were suspended due to SAFU (Suspended Assets), and withdrawals were halted to ensure asset security. She also thanked industry professionals for their assistance. Binance will continue to increase its security investment and strengthen its efforts to combat hackers. She further expressed her gratitude for the collective help from industry professionals.
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