OfficialresponseStatement 406
Our commitment remains unchanged: Binance will bear the financial impact of the stolen funds. These losses will not be passed on to users.
Binance said on 1 November that it will bear the financial impact of the stolen funds and that the losses will not be passed on to users.
This line is our short summary of the quote below. The quote is the evidence.
Other statements from the same source
OfficialresponseStatement 184
Binance said in Recovery Update #4 that deposit services remain open and are not affected by the incident.
Deposit services remain open and are not affected by the incident.
Officialroot causeStatement 183
Binance said in Recovery Update #4 that it will publish a post-incident report with further details once the investigation is complete.
Once the investigation is complete, we will publish a post-incident report with further details on the incident.
OfficialrecoveryStatement 182
Binance said in Recovery Update #4 that it had now covered approximately 95% of the impacted amount, up from 90% in the prior update, with the outstanding 5% in less liquid tokens outside the top ten.
Binance has now covered approximately 95% of the impacted amount, up from 90% in our prior update. The outstanding 5% are tokens outside the top ten listed above, and are less liquid in the market and take longer time to source at the required scale.
OfficialwithdrawalsStatement 181
Binance said in Recovery Update #4 that it was preparing to resume phase one of withdrawals on 2026-11-01 between 06:00 and 09:00 UTC.
Binance is preparing to resume phase one of withdrawals on 2026-11-01 between 06:00 and 09:00 (UTC).
OfficialrecoveryStatement 294
Binance said on 1 November that it had covered approximately 95% of the impacted amount, up from 90%.
Binance has now covered approximately 95% of the impacted amount, up from 90% in our prior update.