Elon Musk Trolls Binance After $6.3B Hack, but This Isn’t Another FTX

Elon Musk has joined the conversation around Binance’s massive $6.3 billion hack , but Changpeng Zhao clearly was not in the mood for jokes. Musk responded to the discussion with a grimacing emoji, prompting CZ to tell him it was a “bad time to troll.” CZ then pointed out that Binance’s SpaceX shares, stemming from its $500 million investment in Musk’s Twitter takeover, are now worth more than $1 billion. Binance co-founder Yi He added that the company’s annual revenue is enough to cover the losses, joking that there is no need to sell the SpaceX stake.
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