Zhao Changpeng: Binance has not borrowed, sold assets, or financed; it fully uses its own assets to cover the stolen losses

Nov 3, 2026 07:59:45

Binance founder Zhao Changpeng added regarding the platform's recovery progress that there is one point that has not been mentioned before, which people might not even think of. Binance did not borrow money, did not sell assets, and did not raise funds; it completely used its own balance sheet to cover the stolen losses, which is different from other events that people have been trying to compare it to.

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