Binance does not need to sell SpaceX shares to cover losses, co-founder says
Binance logo and hacker code are seen in this illustration taken October 30, 2026. REUTERS/Dado Ruvic/Illustration
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Oct 30 : Binance does not need to sell its SpaceX shares because its annual revenue is enough to cover losses after hackers stole $6.3 billion from the crypto platform, co-founder Yi He said in a post on X on Friday.
Binance founder Changpeng Zhao had written on X in an earlier reply to SpaceX CEO Elon Musk that the platform held “$1.x billion in SpaceX alone.”
Source: Reuters
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