(Undated) – Binance said it has recovered up to 90-percent of the roughly six-point-three billion in token assets stolen from its hot wallets. Binance said today it will continue to buy the remaining relevant token assets through market and over-the-counter channels until the recovered amount reaches 100-percent for all tokens. The exchange said it will absorb the financial impact of the stolen funds, not its users. Binance said it is tapping its Secure Asset Fund for Users, a portion of its Futures insurance fund and its corporate treasury to replenish the assets. It still isn’t clear how the attack, the largest crypto theft on record, took place.
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