Binance Pledges Full Hack Coverage as Zhao Cites a $2 Billion Gap

Binance pledged to cover all losses from the hack with SAFU and company funds, while Zhao cited SpaceX shares without explaining how they would finance reimbursements. Zhao put the gap tied to the hack at $2 billion. The pledge covers all losses and names SAFU and company funds as its sources. His SpaceX reference came without an explanation of how the shares would support reimbursement. Those details describe separate parts of the response: Binance’s promise to cover losses and Zhao’s SpaceX share reference.