Changpeng Zhao, known as CZ, posted a security alert about SafePal on X, urging the community to stay alert to phishing attacks. In the same update, he disclosed that SafePal is one of the portfolio companies of YZi Labs, formerly Binance Labs. He also said YZi Labs is currently a minority shareholder in SafePal. The post focused on the security warning and the firm’s investment relationship with SafePal. No other details about the incident were provided in the brief update cited by Odaily.
Odaily reported that CZ posted a SafePal security alert on X, warning the community to watch for phishing attacks.
He also disclosed that SafePal is one of the portfolio companies of YZi Labs, formerly Binance Labs, and that YZi Labs is currently a minority shareholder in SafePal.
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