Binance CEO ‘CZ’ and Justin Sun Collaborate! A Great Disaster Averted!

Cryptocurrency stock market Huobi’s with a consultant Justin Sun tweeted from his own Twitter account that a hack event was prevented. Sun stated that they collaborated with another important cryptocurrency exchange, Binance, in this event.

Critical Collaboration From Binance CEO ‘CZ’ And Justin Sun

Sun used the following statements in his tweet:

Thanks to our dedicated team and cooperation, Binance
We were able to detect and block a Harmony One hacker trying to launder funds through

We’re proud to announce that thanks to our dedicated team and collaboration with @binancewe were able to detect and prevent a Harmony One hacker from attempting to launder funds through @HuobiGlobal. https://t.co/7D2MSo8TEX

— HE Justin Sun🌞🇬🇩🇩🇲🔥₮ (@justinsuntron) January 16, 2023

The CEO of the crypto exchange Binance shared on Twitter about the prevention of the hacking event in “CZ”. CZ said in his tweet:

We’ve detected the Harmony One hacker fund movement. They had tried to launder it through Binance before and we had their accounts frozen. This time he used Huobi. We helped the Huobi team freeze their accounts. Together, 124 BTC were recovered. CeFi helps protect DeFi.

We detected Harmony One hacker fund movement. They previously tried to launch through Binance and we froze his accounts. This time he used Huobi. We assisted Huobi team to freeze his accounts. Together, 124 BTC have been recovered. CeFi helping to keep DeFi #SAFU! 🙏

— CZ 🔶 Binance (@cz_binance) January 16, 2023

Justin Sun is also the founder of the blockchain network TRON and is an advisor to crypto exchange Huobi, which announced last week that it plans to lay off about 20% of its staff.

Investing constantly in the crypto industry cryptocurrency Entrepreneur Justin Sun recently told Reuters that he is willing to spend $1 billion of his own funds to buy assets from Digital Currency Group (DCG), the parent company of embattled crypto lender Genesis.

In an interview with Reuters, Sun said he would be willing to spend up to $1 billion to buy some of DCG’s assets “depending on their assessment of the situation.”

Sun did not specify which assets it intends to acquire.

*Not investment advice.