Gopax compensation for GoFi victims expected by early 2026

Binance is expected to compensate victims of the GoFi incident on the South Korean exchange Gopax by early 2026 at the latest, Newspim reported. According to the report, Binance plans to approve a capital injection for the victims through a board resolution and will then consult with South Korean authorities to facilitate the transfer of funds into the country. The compensation is expected to be paid in cash or cryptocurrency and likely in installments rather than as a lump sum. Additionally, Gopax plans to appoint a Binance-led management team and is highly likely to rebrand as Binance Korea.