Monday, November 2, 2026Nov 2RSSby nabulinesFollow @nabu_lines
Hacks

CZ: Binance covered the hack from its own balance sheet

CZ's post drew about 6,300 likes.

6.3kHacks
CZ: Binance covered the hack from its own balance sheet (Security & hacks)
@cz_binance · Security & hacks

Binance founder CZ said Binance did not borrow money, did not sell assets and did not raise money after the recent hack.

According to his post, Binance covered the losses from its balance sheet.

The comment adds to the ongoing reaction to the Binance hack. It is CZ's own account of how the losses were handled.

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