
Binance Sets Aside $6.34 Billion to Cover Hack Losses, Says Users Won't Bear Them
Binance has set aside about $6.34 billion of company funds to cover losses from the $6.3 billion hack, and says users will not bear the losses. The exchange said it worked with partners to freeze affected assets, with about $3 billion located so far. North Korea has dismissed U.S. allegations that it was behind the theft.
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