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Binance founder Changpeng Zhao publicly expressed displeasure with Elon Musk after Musk reacted to Binance’s recent on-chain security breach with a “😬” emoji. Zhao said he deeply respects Musk, but added this was not a moment for jokes.
Zhao also said the value of Binance’s $500 million investment in SpaceX shares tied to Musk’s past acquisition of Twitter, now X, has risen to more than $1 billion. In light of that partnership, Zhao said he would appreciate at least a minimal show of support and solidarity.