CZ: Binance responded swiftly to the attack to prevent panic from spreading, and user trust in the platform remains solid.

Changpeng Zhao (CZ), founder of Binance, stated in an interview: “Immediately after the incident, Binance issued a public statement confirming that user funds were unaffected and assets remained secure. Though brief, this statement successfully curbed the spread of panic and prevented a cascade effect. The public thus clearly understood that this attack would not trigger spillover consequences. Unlike past cases where platform or lending protocol bankruptcies led users to bear losses, users here bear no responsibility for related losses—a stark contrast to historical incidents that repeatedly triggered second- and third-order shocks. In his view, the statement played a pivotal role in stabilizing market sentiment, and its credibility was further reinforced by Binance’s own reputation and the inherent transparency of blockchain—namely, publicly traceable fund flows and on-chain transaction records. But this time… ”