CZ: A large-scale attack means there are serious security vulnerabilities; the issues should be disclosed transparently and substantive improvements made

Odaily: CZ posted on the X platform stating that a hack of such magnitude means a serious security breach occurred, and the platform cannot use the excuse that "no system can guarantee absolute security" to deflect responsibility. In fact, this appears to be an attack that lasted for months or even years, targeting hundreds of employees and multiple systems, ultimately compromising a small number of personnel and systems.

CZ stated that although disclosing the relevant details may be embarrassing, it would help the entire industry learn a lesson. As a shareholder, he hopes that Binance can transparently explain the problems that arose in the incident, take responsibility, listen to criticism from all sides, and make meaningful security improvements.