Zhao asks Musk to stop mocking Binance after the hack
Binance co-founder Changpeng Zhao asked Elon Musk to stop mocking the exchange after a $6.3 billion hack. Musk responded on X with a series of emojis that, according to the text, appeared to ridicule the attack. Zhao reminded Musk that Binance holds a stake in SpaceX, originating from a $500 million investment in the Twitter takeover, which he says is worth more than $1 billion. He also cited the recall of nearly 12,000 Tesla vehicles in the U.S. over software and hardware issues, and recalled the 2021 precedent, when Musk called Binance's Dogecoin withdrawal suspension «shady».…
- $6.3 billion Binance hack; about $3 billion in assets frozen
- Binance holds a SpaceX stake that Zhao says exceeds $1 billion
- Investigators attribute the attack to TraderTraitor, linked to North Korea
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