🐋 For everyone watching the flow of funds:
「Changpeng Zhao: Binance did not borrow, sell assets, or raise funds; it covered the stolen losses entirely with its own assets」
The next thing to watch closely is where the hacker’s address sends the funds: to a mixer, a cross-chain bridge, or directly to a centralized exchange to sell. The latter would put more direct pressure on the market.
$BNB Stay tuned for updates.
#BNB
「Changpeng Zhao: Binance did not borrow, sell assets, or raise funds; it covered the stolen losses entirely with its own assets」
The next thing to watch closely is where the hacker’s address sends the funds: to a mixer, a cross-chain bridge, or directly to a centralized exchange to sell. The latter would put more direct pressure on the market.
$BNB Stay tuned for updates.
#BNB
