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Binance Co-founder CZ: All Compensation Funds Have Been Distributed

Nov 3, 01:00

On November 3, according to Binance co-founder CZ's post, Binance has allocated all related funds, with the remaining approximately 5% still needing to be converted into some smaller tokens, which will take time.

CZ made the above statement while quoting a post regarding the progress of reimbursing losses from the Binance hack. TechFlow previously reported that Binance has reimbursed approximately 95% of the affected assets, with the remaining tokens having lower liquidity and still being purchased.

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