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Binance Founder Confirms Breach and Demands User Compensation

30.10.2026 · Cryptonews

Binance Founder Confirms Breach and Demands User Compensation

Changpeng Zhao has confirmed a hack hit Binance and stressed that customer holdings stayed untouched. He singled out quick action by Tether and Circle, who froze 971 million and 823 million dollars.


Now only a shareholder, Zhao said he expects the exchange to cover every loss suffered by users.


Based on information from cryptonews.net

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