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VisitWhat will be the total amount of stolen funds recovered or frozen by Binance by the end of 2024?
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Official announcements from Binance and verified reports from credible news sources
Binance Recovers Over $73M in Stolen Funds, Surpassing 2023 Efforts
Aug 8, 2024, 04:57 PM
Binance has successfully recovered or frozen over $73 million in stolen user funds as of July 31, 2024. This achievement surpasses the $55 million secured throughout 2023. The funds were primarily related to external exploits, and Binance's proactive security measures have been instrumental in recovering these digital assets. The company's commitment to fostering a secure ecosystem has been highlighted by its ability to recover such a significant amount of misplaced or lost funds in the first seven months of 2024.
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