Binance hack drained wallets backing customer assets, reserve data shows

Crypto CoinDesk By Oliver Knight 30 Oct 2026 00:17 1 min read
Binance hack drained wallets backing customer assets, reserve data shows

Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.

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