CZ: Binance covered the theft losses using its own balance sheet, without borrowing or selling assets.

Binance founder CZ stated that the losses from the theft were covered by Binance's own balance sheet, and Binance did not borrow, sell assets, or raise funds. Binance co-CEO He Yi stated that Binance needed to exchange some stablecoins and Bitcoin for related altcoins, and there was no funding shortfall.