Binance did not respond to questions from the BBC about North Korea’s alleged involvement in the hack. Since the incident, the crypto giant has largely focused its public statements on the technical nature of the breach and its response to protect users. The company spokesperson said a net $4.72 billion has been withdrawn from the exchange since trading resumed on Sunday. The net outflow represents a “relatively limited portion” of Binance’s total assets, which amount to approximately $157 billion, the “Withdrawal levels are stabilizing to what we would consider normal and expected on-chain activity,” he added. The company said last week that initial checks indicated that an engineer’s laptop had been compromised, allowing an attacker to make unauthorized withdrawals. repeatedly said it would cover all losses related to the attack and has so far covered about 95% of the assets stolen in the breach.
