'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack

Binance co-founder Changpeng Zhao asked Elon Musk to stop “trolling” after a $6.3 billion hack, pointing to Binance’s $1 billion-plus SpaceX stake.

'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack

TL;DR

  • Binance cofounder Changpeng Zhao urged Elon Musk to stop "trolling" the company.
  • Musk posted mocking emojis on X after news of a $6.3 billion hack on Binance.
  • Zhao reminded Musk of Binance's equity stake in Musk's businesses, valued at over $1 billion.
  • Binance had frozen withdrawals and deposits following the hack, with over $3 billion in crypto assets frozen.
  • Investigators suspect the North Korean hacking unit TraderTraitor was responsible.