Binance Says SAFU Fund Transfer Completed, Covering 7,499 BTC

Binance said the SAFU fund transfer has been completed. The transaction corresponds to an on-chain, verifiable transfer of 7,499 BTC, roughly $581 million at the time of the transfer. Binance previously said it had replenished about 90% of assets affected by the Oct. 29 security incident, and plans to resume withdrawals in phases on Nov. 1.