According to CoinMeta, Binance is cooperating with law enforcement authorities to recover the $3 billion in assets that were frozen. Previously, the exchange had allocated over $6.3 billion from its company funds to cover losses. Binance stated that the frozen $3 billion has been secured by industry partners, and they are working with FBI to retrieve the stolen funds. The exchange also revealed that it has set aside over $6.34 billion in company funds to cover the losses, of which $5 billion is in the exact tokens that were stolen. Binance is the largest cryptocurrency exchange in terms of reserves, with a total asset value of $134 billion.