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Binance Says It Replenished 95% of Assets Affected by Security Breach

Withdrawals resumed in phases on Nov. 1. A Binance spokesperson said net customer withdrawals after reopening totaled $4.72 billion, about 3% of assets on the platform.

Updated 1 min read
A pedestrian checks a phone outside the Dubai World Trade Centre in Dubai. / TokenPost.ai (mono)
A pedestrian checks a phone outside the Dubai World Trade Centre in Dubai. / TokenPost.ai (mono)

Binance said it had restored about 95% of assets affected by a security breach, while a spokesperson reported $4.72 billion in net customer withdrawals after the exchange reopened.

During the withdrawal suspension, Binance investigated the breach and upgraded its security systems. It began restoring access in stages on Nov. 1.

A Binance spokesperson put net customer withdrawals at $4.72 billion after the reopening, according to an earlier EconoTimes report on post-reopening withdrawals. The spokesperson said the amount was about 3% of assets on the platform.

The $4.72 billion total covers net withdrawals after reopening, while the 95% figure concerns assets restored.

The replenishment figure measures affected assets restored, not customer flows.

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