SAFU
Binance Used Half of SAFU Bitcoin Reserves After $6.3 Billion Hack
After transferring 7,499 BTC on Saturday, around 7,500 BTC worth $583 million remains in the SAFU wallet – roughly half of what it was before the incident. There is no timeline for replenishing the $1 billion fund. The FBI linked the attack to North Korea.
Binance Confirms Transfer of 7,499 BTC from SAFU Fund After Hack
After the hack, Binance confirmed the transfer of 7,499 BTC from the SAFU fund and recovered 90% of the losses.