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00:43Binance's statement emphasized that Binance will utilize user security resources.
00:48Asset Fund
00:48And their company's funds to cover all losses.
00:52Users' money is still safe.
00:54Binance's co-CEO stated
00:57The company has set aside approximately $6.34 billion.
01:00And approximately $3 billion was frozen with partners.
01:04Withdrawals can resume after the security check is completed.
01:08After the system is repaired, they will update the reserve certificate.
01:11After the investigation concludes, they will also release a technical review report.
01:15As for the US government, they are also investigating this theft.
01:18At the same time, an investigation is underway to determine if it is related to hackers from North Korea.
01:34US President Trump pointed out at a White House press conference yesterday
01:38The identity of the hacker in the Binance theft case has not yet been determined.
01:41The US government will continue its investigation.
01:43As for whether the money can be recovered...
01:45Trump stated that they had the situation under control.
01:48And do you think any of that money will be caught back or is it
01:51Well they say they're going to get it back
01:52they're saying they're guaranteeing it or something
01:54They are
01:56But no, it was a hack.
01:58That's the problem
01:59you know the old-fashioned way when you used to sign a check
02:01Yeah
02:02Take that
02:03these are different people never see the money anymore
02:06so i've always felt it was a little bit dangerous
02:09but no they say they have it pretty much under control
02:12We'll see
02:19Subtitle volunteer Yang Qianqian
