Analyst Monty Metzger estimates Binance hack loss at $5B-$6B, above its SAFU fund of ~$1B

Analyst Monty Metzger estimates Binance's hack loss at $5B to $6B, above its SAFU emergency fund which he puts at about $1B. He estimates Binance revenue at $5B a year with profit unknown, and says payouts may exceed the pledge given SAFU's limited coverage.

Detected & updated continuously · Source: Nebula