he said Gulf, Binance’s partner in Thailand, had offered financial support.
Cointelegraph reported that Changpeng Zhao said Gulf, Binance's partner in Thailand, had offered financial support.
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: Context. Zhao said a Thai partner offered financial support.
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 Yi He said the exchange's revenue for the year was sufficient to cover the hack losses and that Binance did not need to sell its SpaceX stake.
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.
Cointelegraph reported that CertiK said it needed more information from Binance to assess whether the claimed $5 billion in matching tokens could be independently verified on-chain.
CertiK told Cointelegraph that it needed more information from Binance to assess whether the claimed $5 billion in tokens matching those stolen could be independently verified on-chain.