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Binance does not need to sell SpaceX shares to cover losses, co-founder says

Binance does not need to sell SpaceX shares to cover losses, co-founder says
Channel News Asia Friday 30 October 2026, 10:43 UTC 1 min read
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Binance does not need to sell SpaceX shares to cover losses, co-founder says Oct 30 : Binance does not need to sell its SpaceX shares because its annual revenue is enough to cover losses after hackers stole $6.3 billion from the crypto platform, co-founder Yi He said in a post on X on Friday. Binance founder Changpeng Zhao had written on X in an earlier reply to SpaceX CEO Elon Musk that the platform held "$1.x billion in SpaceX alone."

Binance does not need to sell SpaceX shares to cover losses, co-founder says Oct 30 : Binance does not need to sell its SpaceX shares because its annual revenue is enough to cover losses after hackers stole $6.3 billion from the crypto platform, co-founder Yi He said in a post on X on Friday. Binance founder Changpeng Zhao had written on X in an earlier reply to SpaceX CEO Elon Musk that the platform held "$1.x billion in SpaceX alone." Source: Reuters
Binance (PERSON) SpaceX (ORG) Yi He (PERSON) Changpeng Zhao (PERSON) Elon Musk (PERSON)
Originally published by Channel News Asia Read original →

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