Binance: As of the end of July, the security team has recovered more than $73 million in funds stolen by external institutions this year

According to data disclosed in an article published by Binance's official blog, as of July 31, 2024, the Binance security team has recovered or frozen more than $73 million of user funds stolen from external parties this year, exceeding the $55 million recovered or frozen in the whole of 2023. Through active efforts and cooperation with industry participants and the public sector, Binance has successfully helped users recover misplaced and lost digital funds, of which about 80% were related to external hacker attacks, vulnerability exploits and thefts.