After BTCTurk, one of Turkey’s largest cryptocurrency exchanges, lost some of its funds in a hacking attack, Binance CEO Richard Teng said:
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“Binance is assisting BtcTurk with investigations and has frozen more than $5.3 million of stolen funds so far.
Our investigation and security teams work around the clock as part of our preventative efforts to protect the ecosystem from malicious actors. “We will provide further updates on the matter.”
*This is not investment advice.
