Binance Founder Tells Elon Musk To Stop Mocking $6.3 Billion Crypto Hack

Hindustan Times · business

Binance co-founder Changpeng Zhao has urged Elon Musk to cease his sarcastic comments regarding the cryptocurrency exchange's $6.3 billion hack. Musk had responded to the incident with laughing and grimacing emojis on X, prompting Zhao to request support instead of mockery. Zhao reminded Musk of Binance's $500 million investment in his Twitter takeover, noting their SpaceX shares are now worth over a billion dollars. Binance is working to cover losses, with approximately $3 billion in stolen assets frozen and a SAFU fund available.