Binance: Verified total frozen assets reach $2.54 billion, may rise further

October 30: Binance said in a post on X that the figures circulating externally for the frozen amount vary, including $1.8 billion, and that upon verification the total frozen assets currently amount to $2.54 billion. As its teams work closely with law enforcement, issuers, blockchain intelligence companies and industry partners to trace and freeze more assets, the figure may continue to increase, and Binance will only publish confirmed data. Previously, Binance had suspended withdrawals and Binance Alpha trading, and said user funds are safe.