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CryptoGlobe
2019-05-08 06:23:30

CZ: Binance Has ‘Decided NOT to Pursue the Re-Org Approach’ to Recovering Stolen BTC

On Wednesday (May 8, 06:29 UTC), just hours after digital asset exchange Binance had announced that it had been hacked and suffered a loss of around 7000 bitcoins, its CEO, Changpeng Zhao (aka "CZ") said that, after consultation with several prominent members of the crypto community, Binance had decided not to attempt a rollback on the Bitcoin network in order to recover the stolen BTC.

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