Binance cites $1B SpaceX stake after Elon Musk mocks hack
Oct 30, 2026 1:03 PM
A single compromised laptop just cost Binance $6.3 billion, yet Changpeng Zhao is busy telling Elon Musk to stop trolling. CZ is even using a $1 billion SpaceX stake to prove the exchange can cover the massive "gap" left by the largest heist in crypto history. While withdrawals remain frozen and the company scrambles to buy back tokens, they insist user funds are safe. Is a SpaceX stake enough to guarantee your money is secure, or is this just desperate damage control? What’s your take?
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