Wu learned that Binance founder Elon Musk posted a message asking him to stop joking about the Binance hack and requesting his support. CZ mentioned that Binance invested $500 million in Musk's acquisition of Twitter, and its SPCX shares are now worth over $1 billion. CZ then roughly estimated that the attack involved over $6 billion, with approximately $3 billion in assets frozen. Adding the over $1 billion in SAFU funds, the remaining funding gap is about $2 billion. While the actual losses may be higher, Binance can afford it. In response, Binance co-CEO He Yi stated that the company's annual revenue is sufficient to cover the losses, and there is no immediate need to sell SPCX shares. CZ later clarified that he did not propose selling shares, but simply wanted to show Musk some assets he was familiar with to alleviate his concerns. https://www.(wublock123.com)/news/cz-urges-musk-to-stop-joking-about-binance-hack-yearly-revenue-covers-losses-71027