Exchanges· ★★· neutral·

Zhao asks Musk for support after Binance hack

  • —Zhao: "This is not the time for jokes, any support would be appreciated"
  • —The appeal followed Musk's joking emoji about the Binance hack
  • —Zhao cited his $500 million investment in the Twitter deal
  • —That stake is now worth over $1 billion in SpaceX shares
Why it matters: A public spat with Musk adds reputational pressure on Binance as it grapples with the largest hack in crypto history.
Source: Bloomingbit