Context

Earlier, Binance confirmed that it was investigating a security incident after users reported withdrawing funds from the platform's crypto wallets.

It is noted that security professionals urgently check all relevant information, and updates will be published only through the company's official channels after the facts are confirmed.

What's next

"Currently, the confirmed total amount of frozen funds is about $3 billion. Our teams continue to work closely with law enforcement, issuers, blockchain analytics companies, and industry partners to track and freeze additional assets, ”the statement said.