💥 ELON MUSK VS CZ BINANCE: The Billionaire War Over the $6.3B Exploit
The $6.3 billion Binance exploit just triggered a brutal public feud between Elon Musk and Changpeng Zhao (CZ).
Here is exactly what went down on the timeline:
🤡 ELON'S TROLLING
Right after the massive security breach hit the news, Elon Musk started openly trolling CZ. He flooded the timeline with laughing and fire emojis under posts detailing the hot wallet exploit, actively fueling panic about a potential CEX collapse.
🛡️ CZ CLAPS BACK
CZ didn’t stay quiet. He hit back hard, shutting down Musk's trolling with a heavy reality check:
• "Elon, I have a lot of respect for you, but this is a bad time to troll. Please stop."
• CZ reminded Elon that Binance invested $500 million in 2022 to fund Musk’s Twitter buyout.
• That equity, now tied to SpaceX, has surged and is worth over $1 billion today.
• CZ even hinted that Binance could easily liquidate or leverage that $1B+ SpaceX position to cover the remaining exploit losses if the SAFU fund isn't enough.
THE NOSTR TAKE:
Corporate giants fighting while users watch their withdrawals frozen. This is the ultimate proof that relying on centralized figures and corporate ego-trips won't save your wealth.
⚡ Zap this note if you trust self-custody more than billionaire insurance promises.
Do you think CZ using his SpaceX bags to cover the hack is a boss move or a desperation play?
Let's discuss below. 👇
#BinanceHacked #ElonMusk #CZ #Binance #SpaceX #Bitcoin #CEX #Nostr
The $6.3 billion Binance exploit just triggered a brutal public feud between Elon Musk and Changpeng Zhao (CZ).
Here is exactly what went down on the timeline:
🤡 ELON'S TROLLING
Right after the massive security breach hit the news, Elon Musk started openly trolling CZ. He flooded the timeline with laughing and fire emojis under posts detailing the hot wallet exploit, actively fueling panic about a potential CEX collapse.
🛡️ CZ CLAPS BACK
CZ didn’t stay quiet. He hit back hard, shutting down Musk's trolling with a heavy reality check:
• "Elon, I have a lot of respect for you, but this is a bad time to troll. Please stop."
• CZ reminded Elon that Binance invested $500 million in 2022 to fund Musk’s Twitter buyout.
• That equity, now tied to SpaceX, has surged and is worth over $1 billion today.
• CZ even hinted that Binance could easily liquidate or leverage that $1B+ SpaceX position to cover the remaining exploit losses if the SAFU fund isn't enough.
THE NOSTR TAKE:
Corporate giants fighting while users watch their withdrawals frozen. This is the ultimate proof that relying on centralized figures and corporate ego-trips won't save your wealth.
⚡ Zap this note if you trust self-custody more than billionaire insurance promises.
Do you think CZ using his SpaceX bags to cover the hack is a boss move or a desperation play?
Let's discuss below. 👇
#BinanceHacked #ElonMusk #CZ #Binance #SpaceX #Bitcoin #CEX #Nostr
1❤️1😀1
