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Yi He: Binance to use half of the funds in the SAFU address to cover losses

2026-11-01 02:36

TechFlow, Nov. 1 — According to Binance co-founder Yi He, Binance will use 50% of the funds in the SAFU fund address to cover the losses, while the remaining half will be retained in the fund.

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

Source: TechFlow