Binance says about $3 billion in assets has been confirmed frozen, adds user funds are safe

Binance says about $3 billion in assets has been confirmed frozen, adds user funds are safe

N
News Editor
2026-10-30 00:53:03
Binance said in an update on its response to a theft-related incident that the total amount of assets confirmed frozen currently stands at about $3 billion. The exchange said its team is still working closely with law enforcement agencies, asset issuers, blockchain intelligence firms, and industry partners to trace and freeze additional assets. Binance also said it will only release figures that have been verified. As more information is confirmed, the company said it will provide further updates on the handling of the incident. In the same statement, Binance stressed that user funds remain safe. The update was reported by Odaily as a 7x24 newsflash item.

Binance said in an update on its handling of a theft-related incident that the total amount of assets confirmed frozen currently stands at about $3 billion.

The exchange said its team is continuing to work closely with law enforcement agencies, asset issuers, blockchain intelligence companies, and industry partners to trace and freeze more assets.

Binance added that it will only disclose data that has been verified. As more information is confirmed, it said it will issue more updates and stressed that user funds are safe.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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