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CZ Says Binance’s $6.3B Hack Differs From Mt. Gox and FTX Disasters

Reported by Whitney Nyantune, Coin Edition

Image: Coin Edition

Binance co-founder Changpeng Zhao has compared the exchange’s $6.3 billion security incident with the Mt. Gox hack and FTX collapse. In a Friday post on X, CZ said the dollar value of stolen funds does not tell the full story of an exchange failure. He noted that Mt. Gox lost approximately 647,000 BTC, making its … Read The Full Article CZ Says Binance’s $6.3B Hack Differs From Mt. Gox and FTX Disasters On Coin Edition .

This is an excerpt. The reporting belongs to Coin Edition.

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