CZ hits back at Musk's mockery, says Binance holds $1B in SpaceX stock
- —Musk replied with a "😬" emoji to a post drawing a parallel between CZ and SBF
- —CZ told Musk: "I respect you, but this is not the time to mock"
- —Binance's $500M SpaceX stake is now valued at over $1 billion
- —He Yi said annual revenue covers the losses without selling SpaceX shares
Why it matters: The spat over covering the $6.3 billion hack loss fuels market doubts about the resilience of the world's largest exchange.
Source: Blockmedia