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Binance pledged to meet customer losses through its SAFU reserve and company resources, announcing more than $6.34bn of company funds separate from roughly $3bn of frozen assets.

This line is our short summary of the quote below. The quote is the evidence.

ReportedrecoveryClaim 231

Binance has pledged to meet customer losses through its SAFU reserve and company resources, announcing more than $6.34bn of company funds separate from roughly $3bn of frozen assets.

Speaker
Binance
Publisher
The Guardian (News media)
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Figures from this claim

Other claims from the same source

ReportedregulatorClaim 236

CFTC chairman Michael Selig told reporters that the CFTC has the ability to trace the incident in the blockchain and that it is very concerning that there have been several cyber incidents involving crypto.

In the US, Commodity Futures Trading Commission (CFTC) chairman Michael Selig told reporters that “we have the ability to trace all this in the blockchain”. Speaking to CNBC, Selig said it was “very concerning” that there had been “several cyber incidents involving crypto” and the CFTC has regulations in place to prevent this sort of attack.

Speaker
Michael Selig
Publisher
The Guardian (News media)
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ReportedattributionClaim 224

Experts such as TRM Labs attributed the $6.3bn Binance cryptocurrency theft to the North Korean hacking unit TraderTraitor, also known as the Lazarus Group.

Experts, such as TRM Labs, quickly attributed the extraordinary $6.3bn Binance cryptocurrency theft to TraderTraitor, an elite North Korean hacking unit that has also been known as the Lazarus Group.

Speaker
TRM Labs
Publisher
The Guardian (News media)
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ReportedfreezeClaim 223

Binance stated that the attack began with a compromised employee laptop, involved multiple breach points, and that it found no evidence of private-key leakage while freezing roughly $3bn of affected assets.

Binance has said the attack began with a compromised employee laptop and involved multiple breach points. It found no evidence of private-key leakage and said roughly $3bn of affected assets had been frozen.

Speaker
Binance
Publisher
The Guardian (News media)
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ReportedattributionClaim 402

The Guardian live blog described TraderTraitor as having emerged from Lazarus, a group working from North Korea's Reconnaissance General Bureau.

TraderTraitor emerged from Lazarus, a group working from North Korea’s Reconnaissance General Bureau, a military intelligence agency.

Speaker
Not recorded
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The Guardian (News media)
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ReportedmarketClaim 221

The Guardian reported that cryptocurrency-related firms Coinbase, Strategy, and Robinhood fell in the wake of reports that hackers stole $6.3bn from Binance.

Cryptocurrency-related firms Coinbase, Strategy, and Robinhood fell in the wake of reports that hackers stole $6.3bn from Binance, the world’s biggest cryptocurrency exchange.

Speaker
Not recorded
Publisher
The Guardian (News media)
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'Elite North Korean hackers' blamed for $6.3B Binance hack
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