BINANCE CO-CEO: WE ARE COMMITTED TO COVERING ALL HACK LOSSES WITH COMPANY FUNDS! @_RichardTeng said @binance is covering all losses from the incident with company funds and that…
Crypto Banter Published: 2026-10-30 14:42 UTC Collected: 2026-10-30 18:41 UTC Original language: Not supplied by source Archived record. This is not a live update.
🚨BINANCE CO-CEO: WE ARE COMMITTED TO COVERING ALL HACK LOSSES WITH COMPANY FUNDS!
@_RichardTeng said @binance is covering all losses from the incident with company funds and that user assets are saf…
🚨BINANCE CO-CEO: WE ARE COMMITTED TO COVERING ALL HACK LOSSES WITH COMPANY FUNDS!
@_RichardTeng said @binance is covering all losses from the incident with company funds and that user assets are safe.
The company has reserved over $6.34B, with $5B already in the exact assets impacted.
Only Binance’s own hot wallet was affected; customer funds were never used.
He said they are hopeful withdrawals can resume before Sunday and that an initial Proof of Reserves is targeting Monday.
Collected source wording; claims are attributed to the source and are not independently verified here.
AI context is not available for this statement. The original source can be read independently.
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