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CZ and He Yi respond to losses: Binance's annual revenue is sufficient to cover them, and there are no plans to sell SpaceX shares at this time.

BlockBeats news, October 30: CZ posted that, based on preliminary estimates, the losses from this attack on Binance exceed $6 billion, of which about $3 billion in assets have been frozen, the SAFU fund is about $1 billion+, and the remaining funding gap is about $2 billion.


CZ stated that the SPCX stock held by Binance alone is worth more than $1 billion. Although the remaining gap is still a considerable loss, it is within controllable range.


In response, Binance co-founder He Yi posted that Binance's annual revenue is sufficient to cover the losses from this theft incident, and there is temporarily no need to sell the SpaceX shares held.


Previously, 0xngmi estimated based on the scale of Binance's custodial assets and the frozen assets that the loss this time was about $1 billion, accounting for only 0.69% of Binance's total custodial assets. In response, CZ said the actual loss may be slightly higher than this estimate, but Binance will bear all the losses.

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