Report
Binance reports $3.6 billion in net outflows after $6.3 billion hack
Binance says it has replaced about 95% of the stolen crypto and will not pass losses on to users.
TLDR
Binance began restoring withdrawals on Nov. 1 after freezing them following the Oct. 29 theft. The exchange reported $3.6 billion in net outflows and said the flow of funds out eased after an initial spike. It has pledged to reimburse customers in full. The FBI and blockchain-analytics firms blamed the hack on North Korean hackers.
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