CZ: Binance Covered $6.3B Hack Solely From Balance Sheet, No Loans, No Asset Sales, No Fundraising
Binance founder Changpeng Zhao, better known as CZ, has publicly clarified that the exchange covered the $6.3B hack entirely from its own balance sheet. Ad Ad From Crisis to 100%: How Binance Absorbed the Losses Internally In a post on X dated November 2, he stated: “Binance did not borrow money. Binance did not sell…
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