According to CoinMeta, CZ stated that a hack of such scale indicates a serious security lapse, and no platform can guarantee absolute security, but this cannot be used as an excuse. He argued that making the issue public simplifies the explanation of what appears to be an attack that lasted for months or even years, targeting hundreds of employees and systems, with only a few targets ultimately being breached. As a shareholder, he hopes that Binance will disclose the issues transparently, take responsibility, and listen to criticism in order to make substantial improvements.