CZ responds to Binance's losses: annual revenue is sufficient to cover them
2026-10-30 18:09:58
According to CoinMeta, Binance co-founder CZ stated that due to the freezing of USDT and USDC, Binance suffered a loss of approximately $1 billion, which accounts for about 0.69% of its managed assets. CZ emphasized that Binance will bear this loss. He Yi mentioned that Binance's annual revenue is sufficient to cover this loss, and there is no need to sell any shares of SpaceX. CZ added that he did not mention selling any shares of SpaceX, but only listed the financial situation to alleviate He Yi's concerns.
Source:Internet
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