Changpeng Zhao, co-founder of Binance—the company behind the platform—stated that all losses resulting from the incident would be fully reimbursed. He emphasized that the team is taking the matter seriously and is committed to protecting users affected by the breach. According to Zhao, Binance is working closely with its security teams to investigate the issue, strengthen safeguards, and ensure that impacted users are properly compensated as quickly as possible.

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