CZ: Large-scale theft exposes serious security flaws and details should be shared

Binance co-founder CZ stated that such a large-scale hacking attack indicates a serious security failure. No platform can guarantee absolute security, but this cannot be an excuse.

CZ mentioned that the public explanation simplified this attack, which seemed to have lasted for months or even years, targeting hundreds of employees and systems, with only a few specific targets ultimately breached. He believes that sharing details can help the entire industry learn lessons. As a shareholder, he hopes Binance will transparently disclose issues, take responsibility, listen to criticism, and make substantial improvements.