Reporting · markets
Musk denies viral post claiming he urged moving funds off Binance
BeInCrypto reported that Musk rejected a viral post saying he had urged moving funds off Binance, calling the attributed quote made up.
What happened
BeInCrypto reported that Musk rejected a viral post saying he had urged moving funds off Binance, calling the attributed quote made up.
Why it matters
It matters to crypto readers because a disputed quote about a large exchange spread widely, while the same exchange faced a hack the report ties to North Korean operations.
BeInCrypto reported that Musk has denied posting a viral message claiming he urged people to move funds off Binance. Musk's denial, as the report framed it, answers that viral claim. The post, which circulated online, cited no original statement from Musk backing up the claim. According to the report, CZ flagged the claim as false on Saturday.
Musk responded that he never wrote anything like that and described the quote as made up. The report also said Grok did not find a matching post in Musk's account.
The dispute comes as Musk and CZ have clashed repeatedly in recent weeks, the report noted. The same account also covered a hack of roughly $6.3 billion at Binance, which it tied to North Korean hacking operations.
Separately, the report included a warning from Saylor that AI hackers would target exchanges next. Taken together, the report's items connect the viral post, Musk's denial and CZ's objection to a public disagreement between the two men, and to a hack at the exchange.
Sources
Machine-written from the publishers’ reports and checked against them · How Dextape writes
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