Binance has suspended withdrawals while it checks whether the operating environment is safe, according to an Odaily newsflash citing comments from He Yi. She said the Ripple team had quickly frozen about 200 million in related assets, though the specific token was not disclosed. He Yi also said the World Liberty Financial team froze $27 million in USD1 and 48 million WLFI, worth about $2 million. Binance said user funds remain SAFU and that withdrawals will stay paused until security conditions are confirmed. The update came after Binance’s hot wallet was suspected of being attacked. On-chain data showed that the outflow of related assets may have reached $5.6 billion. The report did not provide more detail on the exact assets involved in the larger figure.
Binance has paused withdrawals until it confirms the environment is safe, according to an Odaily newsflash that cited comments from He Yi.
He Yi said the Ripple team had quickly frozen about 200 million in related assets, although the specific token was not disclosed.
She also said the World Liberty Financial team froze $27 million in USD1 and 48 million WLFI, worth about $2 million.
Binance said the move was taken for security reasons and added that user funds remain SAFU.
Earlier, Binance’s hot wallet was suspected of being attacked. On-chain data showed that the outflow of related assets may have reached $5.6 billion.
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