Zhao Changpeng replied to the comment saying: Most banks do not have $1.4 billion in cash that can be stolen

ChainCatcher news, Bitinning founder Kashif Raza posted on the X platform stating that if a bank is hacked and $1.4 billion is stolen, the subsequent process will be: freezing withdrawals, notifying the government, forming an investigation committee, years of investigation, closing branches, losing to competitors.

In contrast, the process after the Bybit exchange was hacked is: CEO live streaming, industry collaboration, support from competitors, everything back to normal in 1 hour, and initiating tracking and freezing operations within the industry. In response, Binance co-founder Zhao Changpeng said, "Don't worry, most banks actually don't have $1.4 billion in cash to be stolen."