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The Binance Hack

An independent record of the October 2026 Binance hack

All statements

The New York Times reported that Binance founder Changpeng Zhao insisted on X that "user funds are SAFU", crypto slang meant to reassure customers about their deposits.

This line is our short summary of the quote below. The quote is the evidence.

ReportedresponseStatement 1190

He posted prayer hand emojis, publicly jousted with the site’s owner, Elon Musk, and insisted that “user funds are SAFU” — using a bit of crypto slang to reassure customers that hundreds of millions of dollars in deposits would not simply vanish into thin air.

Speaker
Changpeng Zhao
Publisher
New York Times (News media)
Original
How Binance's $6.3B Hack Went Down
Captured
Stored copy
sha256 bcd511e607c6
Published

From this source: How Binance's $6.3B Hack Went Down, with all of its statements.

Other statements from the same source

ReportedresponseStatement 1186

The New York Times reported that Binance's top executives put together an informal war room on its internal messaging system, Wea, with about 100 participants, including specialized cryptocurrency tracers and security personnel.

As the news spread, Binance’s top executives put together an informal war room on Wea, the company’s internal messaging system, with about 100 participants, including specialized cryptocurrency tracers and security personnel.

Speaker
Not recorded
Publisher
New York Times (News media)
Original
How Binance's $6.3B Hack Went Down
Captured
Stored copy
sha256 bcd511e607c6
Published