Binance: Approximately $3 billion in assets have been confirmed frozen thus far; user funds are safe

Odaily reports that Binance has posted an update on the handling of the theft incident, stating that the total amount of assets confirmed frozen is approximately $3 billion. The Binance team continues to work closely with law enforcement agencies, asset issuers, blockchain intelligence firms, and industry partners to trace and freeze more assets.

Binance stated that it will only publish verified data going forward, and will further update progress as more information is confirmed, while emphasizing the safety of user funds.