Binance: Security team has recovered over $73 million in funds stolen by outside parties this year

As of July 31, 2024, Binance's security team has recovered or frozen more than $73 million of user funds stolen from outside this year, exceeding the $55 million recovered or frozen in all of 2023. Through active efforts and partnerships with industry players and the public sector, Binance has successfully helped users recover misplaced and lost digital funds, with approximately 80% of recoveries related to external hacks, exploits, and thefts.