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CZ Says Binance's Balance Sheet Covers Theft Losses Without New Funding

TokenPost·November 2, 2026·1 min read
CZ Says Binance's Balance Sheet Covers Theft Losses Without New Funding

Binance CEO CZ said the exchange's balance sheet fully covers losses from a recent theft, with no new funding needed. Co-CEO 何一 confirmed there is no funding shortfall. CZ noted 5% of required funds still await conversion into smaller tokens, but all obligations are allocated.

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