It’s been almost two weeks since the world’s largest cryptocurrency exchange, Binance, lost $40 million dollars to hackers. Since then, users have been wondering what happened to their account and how they can get their money back.
Binance released a statement shortly after the hack was first reported, saying that they had “detected unusual trading activity on our platform.” The exchange then halted all withdrawals and deposits while they investigated the matter further.
A few days later, Binance announced that they had “successfully identified the hackers’ addresses,” and that they would be “covering all losses incurred by [their] users.” However, they did not say how long it would take to refund all of the affected users.
Since then, there has been no update from Binance on the status of the hack or when users can expect to get their money back. This has led to a lot of speculation and frustration from the crypto community.
Some believe that Binance is intentionally dragging its feet in order to avoid paying out the full amount of money that was stolen. Others think that the exchange is simply overwhelmed by the sheer number of people who were affected by the hack.
Regardless of the reason, it’s clear that something is taking longer than expected when it comes to Binance refunding its users. Until we get more information from the exchange, we won’t know for sure what happened to our account or when we can expect to get our money back.