CZ Says Binance Didn't Borrow, Sell Assets or Raise Money to Cover Stolen Funds. Changpeng Zhao said Monday that Binance covered the losses from its own balance sheet, as the…
Original source excerpt
CZ Says Binance Didn't Borrow, Sell Assets or Raise Money to Cover Stolen Funds. Changpeng Zhao said Monday that Binance covered the losses from its own balance sheet, as the exchange says it has rep…
CZ Says Binance Didn't Borrow, Sell Assets or Raise Money to Cover Stolen Funds. Changpeng Zhao said Monday that Binance covered the losses from its own balance sheet, as the exchange says it has replenished about 95% of the impacted amount, with the remaining less liquid tokens taking longer to source.
AI context is not available for this statement. The original source can be read independently.