Binance Bungles Accounting for Helium Tokens, Overpays Clients Millions

Binance Bungles Accounting for Helium Tokens, Overpays Clients Millions


“The Helium Foundation was informed by Binance late in the evening [ET] on Sept. 15 that an accounting error involving HNT had occurred,” a spokesman for the organization stewarding the project said. “We can confirm that this is not a chain issue, and that this issue is isolated to Binance. To our knowledge, no other exchanges or third-parties have been affected. We advise token holders to suspend HNT and MOBILE deposits on Binance until a comprehensive situation update is provided.”

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