Binance founder Zhao Changpeng (CZ) is about to be released from prison on Sunday, and there is increasing discussion in the community about this matter.

CZ's credit outweighs his mistakes

CryptoQuant CEO Ki Young Ju stated in an article on X yesterday that when the intrinsic value of an industry is lower than the capital it absorbs, society often sees it as a 'sin', and in this case, those who establish and participate in the industry are seen as criminals and blame them for the industry's failure to develop correctly.

Ki Young Ju believes that CZ is about to be released from four months of detention, and although he did make mistakes, his detention also carries a certain alternative element, symbolizing the growth pain of the entire industry. Meanwhile, Ki Young Ju also strongly supports CZ's contribution to the industry, which far outweighs his mistakes. Ki Young Ju said:

CZ is a respected businessman. Without Binance, the cryptocurrency industry would not have attracted such massive global liquidity today... In my opinion, CZ's achievements far outweigh his mistakes. He has already paid the fine and his detention period is about to end. This industry should start looking at him with a new perspective

BlockTower founder insists CZ is not a good class

However, there are also people in the industry who hold opposing views towards Ki Young Ju. Ari Paul, founder of venture capital firm BlockTower, commented under his Twitter post that CZ committed crimes similar to SBF, including stealing and misappropriating customer deposits, operating dozens of market manipulation schemes, deceiving retail investors, and assisting criminal groups in money laundering. Ari Paul also cited Reuters reports as evidence in his case and stated that he could be sentenced to life imprisonment if the FBI is willing.

In addition, Ari Paul further explained that there are two possible reasons why CZ could be sentenced to such a light criminal responsibility. The first is that the federal government is concerned that he will bribe UAE chiefs in exchange for sovereign immunity and flee with over $30 billion in user funds; The second is that the federal government wants to obtain a large number of documents from Binance that can reveal more industry insider information.

Regarding this, Ki Young Ju cited the settlement agreement and stated that the US Department of Justice only accused CZ of assisting in money laundering and did not accuse CZ of using customer funds. Ki Young Ju believes that Ari Paul's statement is a presumption of guilt without actual evidence.

At the same time, Wishful Cynic, founder of large market maker Wintermute, told Ari Paul that there is no specific evidence of illegal theft and misappropriation of customer deposits, including SEC allegations, in the documents. At most, it only involves "fund mixing" rather than "theft or misappropriation". Although the two look very similar, SBF clearly crosses the line, and there is currently no evidence to suggest that CZ did the same thing.

Regarding Wishful Cynic's statement, Ari Paul responded by saying:

I'm not quite sure what you mean by 'evidence'. If you're referring to him not being convicted in court, that's true... but many Binance executives have confirmed the issues we found in forensic and financial analysis, and you can ask them. Noticing that they will never make a public statement no matter what - this is a result of a mixture of whistleblowers and CZ threats

(责任编辑：基金工具)

• ·隱形基建03期｜對話OKX Web3團隊：相容百鏈百態，讓用戶「上手即用」
• ·江苏国泰(002091.SZ)中期利润分配：每10股派1元
• ·市场反弹之际，顶级交易员以 25 倍杠杆押注 6000 万美元于以太坊
• ·meme币苹果版官网下载app meme币app官方下载最新版
• ·BTC突破108500美元，24小时跌幅达1.96%需注意风险
• ·10月31日国富估值优势混合A净值下跌0.80%，近1个月累计下跌4.5%
• ·卖虚拟币需要什么手续 卖虚拟币需要什么手续费
• ·10月31日招商稳健优选股票A净值增长0.73%，近3个月累计上涨14.2%
• ·Pi币价格预测：2024年、2025年和2030年详细分析
• ·10月31日富国宏观策略灵活配置混合C净值增长0.76%，近3个月累计上涨19.46%
• ·电影股票龙头-电影股票龙头股
• ·10月31日博时荣丰回报灵活配置混合A净值增长0.90%，近3个月累计上涨10.85%
• ·蓝图币交易平台
• ·10月31日诺安新动力灵活配置混合C净值增长0.71%，近3个月累计上涨6.59%
• ·中国比特币购买交易平台排名 币圈交易平台排行
• ·10月31日圆信永丰致优混合A净值下跌0.77%，近1个月累计下跌5.09%