CZ estimated that the hack cost Binance approximately $6 billion. CZ put the remaining shortfall at approximately $2 billion, after $3 billion was frozen and approximately $1 billion was accounted for by the SAFU fund. CZ said Binance's SPCX shares, valued at more than $1 billion, could cover most of the shortfall. CZ described the amount left over as "still painful, but manageable." CZ previously said the actual loss could be slightly greater, but Binance would absorb the loss.