CZ: Binance's losses may be slightly higher than $1 billion, which it will bear in full.

Binance founder CZ responded to DeFiLlama founder 0xngmi's analysis regarding asset losses, confirming that the losses may be slightly higher than $1 billion and that Binance will bear the full amount. 0xngmi previously stated that Binance holds approximately $144 billion in assets, and after the freezing of USDT and USDC, the expected final loss is approximately $1 billion, representing only 0.69% of its total assets under custody.