Yi He: Binance Will Use Half of the Funds in the SAFU Address to Cover Losses

on November 1, according to Binance co-founder Yi He, Binance will use 50% of the funds in the SAFU address to cover this loss, while the remaining half will stay in the fund.

Previously, TechFlow reported that Binance has confirmed the completion of the SAFU fund transfer involving 7,499 BTC.