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ExchangesTokenPostKorean, translatedFiled 3 days ago

Binance denies rumors of $150 (200,250 won) compensation for withdrawal suspension

Original headline바이낸스, 출금 중단 150달러(20만250원) 보상설 부인

Open the sourceReported by TokenPost, tokenpost.kr, 1 November 2026, by 이준한
Impact 85 of 100, high

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Binance denied claims that it is paying users a $150 (₩202,500) compensation for the withdrawal halt, calling a screenshot circulating on X digitally fabricated. The dispute stems from an October 30 security incident in which Binance disclosed a hot wallet breach resulting in approximately $6.3 billion (₩8.41 trillion) in asset losses and a temporary suspension of withdrawals for security checks, while deposits continue to operate normally. The denial matters because it signals Binance will not extend goodwill payments beyond its official remediation, limiting expectations for affected users. Watch for the resumption of withdrawals and further details on the breach's scope and asset recovery.

Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.

Named in this story

Binance