the company’s SpaceX holdings alone, linked to a $500 million investment in Elon Musk’s Twitter takeover, were worth more than $1 billion.
Cointelegraph reported that the speaker said Binance's SpaceX holdings alone were worth more than $1 billion.
This line is our short summary of the quote below. The quote is the evidence.
Cited in theories
- Questions raised about Binance's coverage of the loss: Evidence against. Zhao said SpaceX holdings alone exceed $1 billion.
Other statements from the same source
Cointelegraph reported that CertiK CEO Ronghui Gu said the estimated gap represented about 1.3% of Binance's reported $165 billion in exchange reserves.
Gu said the estimated gap represented about 1.3% of Binance’s reported $165 billion in exchange reserves.
Cointelegraph reported Binance's exchange reserves as $165 billion, including assets backing customer balances.
$165 billion in exchange reserves. Those reserves include assets backing customer balances.
Cointelegraph quoted a Binance spokesperson as saying the $5 billion is held in the exact token assets required and is in Binance custody.
“The $5 billion is held in the exact token assets that are required. These assets are in Binance custody,” a Binance spokesperson told Cointelegraph.
Cointelegraph reported that the speaker said Gulf, Binance's partner in Thailand, had offered financial support.
he said Gulf, Binance’s partner in Thailand, had offered financial support.
Cointelegraph reported that the speaker said the exchange's revenue for the year was sufficient to cover the hack losses and that the company did not need to sell its stake in SpaceX.
that the exchange’s revenue for the year was sufficient to cover the hack losses and that the company did not need to sell its stake in SpaceX.