🚨 The aftermath of the Binance hack has now reached the corporate level.
1️⃣ Bloomberg: The CFO has left the company — a major executive exit following the $6.3B heist
2️⃣ Forensics: Hackers created/used memecoins to launder the stolen funds
3️⃣ Reuters (today): More than $22.3B in funds stolen so far in industry-wide crypto hacks
4️⃣ Lesson: Exchange risk is real — venue diversity and withdrawal discipline are part of risk management
Security isn’t just about whether a “hack happened” — response, transparency, and the recovery process matter just as much. 🛡️
$BTC
#Security #Binance #CryptoNews #SelfCustody
1️⃣ Bloomberg: The CFO has left the company — a major executive exit following the $6.3B heist
2️⃣ Forensics: Hackers created/used memecoins to launder the stolen funds
3️⃣ Reuters (today): More than $22.3B in funds stolen so far in industry-wide crypto hacks
4️⃣ Lesson: Exchange risk is real — venue diversity and withdrawal discipline are part of risk management
Security isn’t just about whether a “hack happened” — response, transparency, and the recovery process matter just as much. 🛡️
$BTC
#Security #Binance #CryptoNews #SelfCustody