Binance Says It Is Buying Matching Amounts of Stolen Altcoins

Binance co-founder He Yi said the exchange is buying stolen altcoins through over-the-counter and on-exchange channels in matching amounts as it works through its proof-of-reserves process.

Matching the stolen assets

He Yi said Binance’s SAFU fund and company holdings include substantial BTC and ETH reserves. She said the exchange is buying all of the stolen altcoins in fully matching amounts and will provide another update after the purchases are complete.

The post describes an ongoing purchase and disclosure process. It does not state that all purchases are complete or independently verify the value of the recovered assets. Source: FxTwitter mirror of He Yi’s post (original X link) and BlockBeats flash, published Oct. 30, 2026.