Binance founder invokes $500 million Twitter support in response to Musk
Business · First reported 31 Oct, 03:53 · Updated 09:24
Reports say a Binance co-founder pushed back on Elon Musk’s comments about a crypto heist, pointing to Binance’s $500 million support for Twitter. One report also says investigators suspect a North Korean state-sponsored hacking group may have carried out the attack.
- The Indian Express headline says Binance’s founder reminded Musk of $500 million in support for Twitter while calling it a “bad time to troll.”
- NDTV describes a Binance co-founder as calling out Musk over remarks about a crypto heist.
- NDTV reports that investigators suspect the attack may have been carried out by TraderTraitor, described as a North Korean state-sponsored hacking group.
Summary written by Lux AI from 2 articles
Key facts
- Twitter support cited
- $500 million
- Suspected group
- TraderTraitor
- Attribution status
- Investigators suspect the group may have carried out the attack.
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Background
- An earlier Lux story was headlined “Binance hack exposes unsolvable crypto risk: disappearing money.”
- An earlier Lux summary said Trump stated his administration was investigating a $6.3 billion Binance hack; it also noted that reports differed on emphasis and uncertainty about North Korea’s responsibility.
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