Binance says thinly traded tokens are delaying full replacement of stolen assets

Binance said in its Nov. 2 recovery update that less-liquid tokens were slowing the replacement of stolen assets. It put the outstanding replenishment at approximately 5% of the impacted amount, while a separate withdrawal phase was scheduled for Nov. 3. The new phase was scheduled to begin at 04:00 UTC. In Binance's Nov. 3 update , the exchange said availability would expand progressively as security and readiness checks were completed for individual assets and networks. Together, the disclosures explain why a commitment to cover stolen funds can coexist with unfinished recovery.

Source: CryptoSlate