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'Your assets are safe,' Singaporean Richard Teng, Binance co-CEO, assures users after historic $6.3 billion cyber hack

SINGAPORE: After hackers stole around US$6.3 billion (approximately S$8.05 billion) from the global cryptocurrency exchange platform Binance on Oct 29, its Singaporean co-CEO, Richard Teng, assured users on the platform that their assets were safe and that every loss would be covered with company money. Mr Teng posted a video on his Instagram account (@tengrich) on Oct 31. CNBC has called the…

First reported by The Independent Singapore 1 source
Image: The Independent Singapore
Image: The Independent Singapore
Read at The Independent Singapore(opens in a new tab)

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  1. The Independent Singapore

    'Your assets are safe,' Singaporean Richard Teng, Binance co-CEO, assures users after historic $6.3 billion cyber hack (opens The Independent Singapore in a new tab)

    SINGAPORE: After hackers stole around US$6.3 billion (approximately S$8.05 billion) from the global cryptocurrency exchange platform Binance on Oct 29, its Singaporean co-CEO, Richard Teng, assured users on the platform that their assets were safe and that…

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