Musk mocks Binance after $6.3 billion hack; cofounder asks him to stop
The gist
Binance confirmed a $6.3 billion hack, then Musk posted laughing emojis on X.
The exchange's cofounder publicly asked X's owner for support instead of trolling.
How it unfolded
- Oct 29, 2026Binance confirmed in posts on X that a hack of its systems caused billions in losses, with the estimate reaching $6.3 billion.
- Oct 30, 2026Musk posted emojis on X, including a laughing face, that could be taken as mocking Binance's plight.
- Oct 30, 2026Changpeng Zhao replied on X asking Musk to stop trolling and show support, citing Binance's SPCX shares from its $500m Twitter-takeover investment.