orange head Gecco 🦎

China could NEVER get me

After five years as CFO of Binance, I have decided to go build something of my own. The past ten years in the digital asset exchange space have felt surprisingly short, because I enjoyed what I was doing. Having passion for what you do is so important, and I will come back to this point.  8am to 2am became a work habit. When I felt exhausted past midnight, I would just look up at the Kobe Bryant's statue standing in the corner of my office, and go right back to the grind! It has been the privilege of my career to help steward the finances of the world's largest digital asset exchange through a period that tested our industry in every way: bull and bear cycles, Operation Choke Point 2.0, and a regulatory landscape that evolved as quickly as the technology itself. Finance is seldom the loudest function in a company, but it is where trust is earned. Over these five years, we transformed Finance from a pure back-office function into one that consistently generates new ideas and revenue opportunities for the company. We became amazing problem solvers.  Finance understood the products and metrics as well as the business units themselves.  Proud of what we have built together, and I am pleased to hand the keys to Justin, our next CFO. I want to take this opportunity to thank CZ, Yi, Richard, and the leadership team for their confidence and, above all, the amazing Binancians around the world whom I had the honor of working with. You are the reason the company stands where it does today. Binance is in very capable hands. The company continues to grow and evolve with the successful launch of TradFi assets and AI-powered user interfaces. I’d like to express my gratitude to MGX for the trust; to our home regulator Abu Dhabi Global Market and all regulators we work closely with; and to our business partners, including BlackRock, Circle, Franklin Templeton, Mastercard, our banking partners and payment channels, as well as our advisors and auditors. Special thanks to Grant Thornton Singapore and everyone who has supported Binance. As for what comes next, well, there isn't just one project but several that I am passionate about particularly in sports and entertainment, from basketball and music, to GPUs, robotics, gold and collectibles. Bringing these real-world assets onto the blockchain through tokenization is a massive opportunity for the industry, and a big unlock for everyone.  I welcome anyone with a passion in these areas to message me and potentially join my team.  Even better if you love Kobe ;) Moving from the CFO's chair to the founder's is a leap, and I take it with humility. I deeply believe it is where I can make a greater contribution to AI and Web3. For now, thank you, Binance, for five remarkable years.

This man who bought Bitcoin at $1 was facing up to 79 YEARS in prison for evading $48 MILLION in taxes. He begged Trump for a pardon even got rejected by Elon Musk His name is Roger Ver, but you will know him as “Bitcoin Jesus” In 2011, Roger Ver started buying Bitcoin at $1 and became one of its earliest investors By 2013, he had become so influential in promoting Bitcoin that CNBC nicknamed him “Bitcoin Jesus.” In March 2014, Ver renounced his US citizenship after obtaining a passport from Saint Kitts and Nevis. At the time, he and his companies controlled 131,000 BTC, worth $114 MILLION. The problem was that wealthy Americans renouncing their citizenship could owe an exit tax on their unrealized gains. According to US prosecutors, Ver concealed his Bitcoin holdings from tax advisers to avoid paying millions in taxes. In November 2017, companies associated with Ver sold tens of thousands of BTC for $240 MILLION On April 23, 2024, Roger was arrested in Barcelona following an eight-count US indictment He was released on €150,000 bail and spent the following months fighting extradition from Spain. In January 2025, Roger begged Donald Trump for a presidential pardon appearing with Tucker Carlson and paying Roger Stone $600,000 to lobby on his behalf. Elon Musk rejected the idea, writing: “Roger Ver gave up his US citizenship. No pardon for Ver.” On October 14, 2025, Ver reached an agreement with the DOJ, paying $49.9 MILLION in taxes Spain subsequently closed his extradition proceedings, returned his passport and refunded his €150,000 bail. All without receiving a presidential pardon.

POV: My wife bought me this as a gift...😭😂

JUST IN: 🇰🇵 North Korea's $6,300,000,000 Binance crypto hack is the largest heist in human history.

Binance: Hackers stole $6.3 BILLION in crypto! Meanwhile, in North Korea...

BREAKING: CZ says Binance could use its $1 Billion $SPCX stake to cover hack losses after Elon trolls him.

Uber driver robbed at gunpoint in Cape Town and the ending was not what people expected

🚨 THIS IS BEYOND ANYTHING CRYPTO HAS SEEN BEFORE. Binance has been hacked, with estimated stolen assets reaching as high as $6.3 BILLION, making this the largest crypto hack in history. And now the entire crypto market is crashing. Bitcoin has crashed below $77,000, dropping more than 6% as panic spreads across the market. Here's how massive the damage is: • $6.3 BILLION: Latest reported estimate of assets stolen from Binance across multiple blockchains. • $170 BILLION: Wiped out from the total crypto market capitalization following the news. • $1.39 BILLION: Worth of leveraged crypto positions liquidated in just 12 hours. For perspective, look at the biggest crypto hacks ever recorded: • Binance (2026): Up to $6.3 BILLION. • Bybit (2025): $1.5 BILLION. • Ronin Network (2022): $625 MILLION. • Poly Network (2021): $611 MILLION. • BNB Bridge (2022): $570 MILLION. • Coincheck (2018): $534 MILLION. • Mt. Gox (2014): Approximately $450 MILLION at the time. At the highest estimate, Binance's hack is more than FOUR TIMES bigger than Bybit and TEN TIMES bigger than Ronin. It's also bigger than all SIX of the other major hacks listed above COMBINED. And this happened at one of the world's largest crypto exchanges. 1. BILLIONS DRAINED FROM MULTIPLE BINANCE WALLETS On October 29, hackers gained control of several Binance hot wallets and transferred billions of dollars. • Around $3.3–$3.5 BILLION was drained from Ethereum wallets alone. • Binance 14 lost approximately $2.5 BILLION in a single transaction. • That included 167,464 ETH, 1.615 BILLION USDT and dozens of other tokens. • Binance 16 lost another 28,006 ETH alongside other assets. • Hot Wallet 34 was also compromised, with approximately $823 MILLION in USDC affected. • Additional funds were moved from wallets on Arbitrum, Avalanche, Optimism, Bitcoin, Tron and other networks. The hackers didn't stop after the first transfers. They continued draining compromised wallets when new deposits arrived. 2. THE HACKERS HAD PREPARED THE ATTACK The attack began with preparations on October 28–29. • The hackers funded their operational wallet through Tornado Cash. • They deployed a malicious contract designed to drain assets. • They tested the attack on separate wallets before targeting Binance. • Around 20:20 UTC on October 29, the hackers began transferring billions from Binance wallets. After the theft, they split the stolen funds across different addresses, swapped stablecoins into ETH and moved assets between blockchains. 3. BINANCE'S WALLET SECURITY WAS COMPROMISED The hackers gained access to the private keys or signing authority of multiple Binance hot wallets. They used Ethereum's EIP-7702 feature to give a malicious contract control over Binance 14. The hackers submitted 50 signed authorizations covering consecutive wallet nonces. Once the delegation succeeded, they could repeatedly drain assets from that wallet. Other Binance wallets were drained through normal transactions signed using compromised keys. This wasn't some network hack. The hackers gained access to the systems controlling Binance's own wallets. The exact method used to obtain that access has not been confirmed. 4. AROUND $3 BILLION IN STOLEN ASSETS FROZEN • Tether froze more than $1.56 BILLION in USDT linked to the hack. • Circle froze approximately $823 MILLION in USDC. • Ripple reportedly froze another $200 MILLION. • Arbitrum's Security Council secured approximately $30.5 MILLION. • Other projects also froze assets connected to the hackers. Total frozen funds were estimated at roughly $2.5–$3 BILLION. However, a large amount of ETH, BTC and other assets remained outside those freezes. Binance temporarily suspended deposits and withdrawals following the hack. The exchange confirmed it was investigating the security breach and said all customer funds were safe. The estimated $6.3 billion theft is equivalent to nearly 4.4% of Binance's $144 billion in assets under custody. Even the lower estimate of $3.3 billion would make this more than TWICE the size of the Bybit hack. The final losses are still being calculated because billions of dollars have been frozen. But the consequences are already extending far beyond Binance. This is one of the most devastating security failures in crypto history.