CZ says Binance hack leaves $2 billion gap, points to SpaceX shares
- —Zhao put Binance's post-hack funding gap at about $2 billion
- —Losses will be covered from SAFU and company funds
- —Zhao cited SpaceX shares but gave no reimbursement mechanism
Why it matters: Investors are watching whether Binance has enough liquidity to fully reimburse users and whether the shortfall erodes trust in the exchange.
Source: The Defiant