JackYi says exchanges need a clear plan to prevent a second breach

Liquid Capital founder JackYi said on X that Binance appears able to absorb the stolen amount with its existing profits, adding that the exchange’s asset safety and liquidity do not appear to be in question. He said the situation is "completely different" from what happened at FTX. In his view, the main issue now is not the current theft itself, but whether exchanges, including Binance, can prevent a second incident. JackYi said what worries users is the possibility that, in the AI era, hackers’ offensive capabilities may be evolving faster than exchanges’ defenses. He also raised the question of what risks attackers may already have planted inside exchange systems. JackYi called on exchanges, including Binance, to provide the public with a detailed plan that can reassure users. His comments focused on post-incident security preparedness rather than liquidity concerns.