CZ SAYS BINANCE CAN COVER HACK GAP WITH SAFU + SPCX HOLDINGS, CALLS IT MANAGEABLE! @cz_binance posted rough math on the @binance incident: roughly a $6B+ impact, about $3B…
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🚨CZ SAYS BINANCE CAN COVER HACK GAP WITH SAFU + SPCX HOLDINGS, CALLS IT MANAGEABLE! @cz_binance posted rough math on the @binance incident: roughly a $6B+ impact, about $3B frozen, and a $1B+ SAFU f…
🚨CZ SAYS BINANCE CAN COVER HACK GAP WITH SAFU + SPCX HOLDINGS, CALLS IT MANAGEABLE! @cz_binance posted rough math on the @binance incident: roughly a $6B+ impact, about $3B frozen, and a $1B+ SAFU fund. He put the remaining gap at around $2B. He pointed out that Binance holds more than $1B in $SPCX shares alone from its earlier investment, and said the remaining gap is still painful but manageable.
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