CZ (Changpeng Zhao), founder of a leading exchange, spoke publicly on social media today about the recent security incident. He stated plainly that user funds are safe and that this does appear to have been an attack on the platform. He also thanked several stablecoin issuers and industry partners for helping freeze the related assets.
Although he is no longer CEO, CZ spoke out as a major shareholder, saying he hopes all affected users will be fully compensated and reiterating that the platform will take full responsibility for the losses.
In the aftermath of the incident, $BTC and $ETH came under short-term pressure at one point. The founder’s prompt response itself sends a signal of confidence.
Although he is no longer CEO, CZ spoke out as a major shareholder, saying he hopes all affected users will be fully compensated and reiterating that the platform will take full responsibility for the losses.
In the aftermath of the incident, $BTC and $ETH came under short-term pressure at one point. The founder’s prompt response itself sends a signal of confidence.
