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CZ Says Binance Can Cover Security Losses as Musk Responds

An X user compared CZ's assurance with a claim SBF made before FTX collapsed. Musk replied to the comment with a grimacing-face emoji.

A hand holds a phone displaying a blurred comment thread / TokenPost.ai
A hand holds a phone displaying a blurred comment thread / TokenPost.ai

CZ posted that Binance had enough funds to cover losses tied to a security incident.

An X user said SBF had also said FTX had enough funds before it collapsed. Musk replied beneath the user's comment with a grimacing-face emoji. His intent was unclear.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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