0xarthur|Sep 27, 2026 11:00
Here’s an interesting piece of history: In 2019, Binance was hacked for around 7,000 BTC.
Someone suggested forking BTC or rolling back, but CZ ultimately rejected the idea because it would undermine BTC’s original decentralized concept, and it would be hard to coordinate miners.
In the end, the SAFU fund was used—$220 million—to cover the losses for users. @cz_binance
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