POPA Recon🚨BINANCE CO-CEO: WE ARE COMMITTED TO COVERING ALL HACK LOSSES WITH COMPANY FUNDS!
Source reports
- 🚨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… — @crypto_banter (X), Oct 30, 2026, 14:42 UTC
- UPDATE: 🚨 Binance co-CEO Richard Teng says only the exchange’s own hot wallet was affected, not customer funds, with the vast majority of user assets held in cold wallets untouched by the incident. He adds that withdrawals are on track to resume within 40 hours, with a full… — @CoinMarketCap (X), Oct 30, 2026, 14:58 UTC
- Binance Co-CEO Richard Teng issues a statement: - Binance has reserved over $6.34B in company funds to cover stolen assets, with $5B already held in the affected tokens, including USDT, USDC, BTC, ETH and BNB. - No customer funds were affected. The compromised wallet belonged to… — @CryptooIndia (X), Oct 30, 2026, 14:59 UTC
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