According to CoinMeta, Zhao Changpeng (CZ), co-founder of Binance, stated that Binance appears to have been subjected to a hacker attack, but the safety of users' funds is assured. Tether CEO Paolo Ardoino mentioned that over 1.567 billion USDTCircle CEO Jeremy Allaire related to the potential hacker attack on Binance have been frozen. USDC stated that they have cooperated with law enforcement authorities to freeze over 800 million CZ and will continue to assist in the investigation. CZ expressed gratitude for the freezing actions taken by both companies and noted that although he no longer manages Binance, as a shareholder, he expects that all users' funds will be fully protected.