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BLOOMBERG · 2026-10-30 14:47 UTC

CZ Tells Musk 'Bad Time to Troll' After Record Binance Hack

Binance suffered a $6.3 billion hack, the largest crypto heist on record, allegedly by North Korea; the exchange says it will cover all losses. CZ Zhao told Elon Musk to stop trolling about the breach on X, mentioning Binance's $500 million investment in Twitter gave them over $1 billion in SPCX shares. BNB token dropped 10% over two days; SpaceX shares fell 5.6% in early trading following the incident and social media exchange.

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