The former richest man in China has lost his freedom, and the United States has given up all moral b

Mondo Social Updated on 2024-01-29

According to various sources, Changpeng Zhao, the former richest man in the Chinese world and the founder of the Binance digital asset exchange, has now been restricted in his personal freedom since he was lured to the United States last monthNot only may they suffer financial penalties for confiscating all their property, but they will also face a sentence of more than 10 years.

The author has asked Ms. He Yi, the co-founder of Binance Exchange, for confirmation of the above information, but she has not been able to contact her at present.

The 46-year-old Zhao Changpeng, born in Lianyungang, Jiangsu, his parents were affected by the special era, and his family immigrated to Canada at the age of 12, graduated from McGill University in Canada, majoring in computer science, and worked in the exchanges of Tokyo and New YorkTechnical Director of Bloomberg。Around 2005, he came to Shanghai to start his own business, focusing on the development of quantitative trading systems for high-frequency trading.

In June 2017, at the time of the boom in cryptocurrency, Changpeng Zhao founded his own digital currency exchange in Shanghai, named Binance, and launched the platform token BNB. In less than 10 days, BNB's ICO raised $15 million for Binance, and then the Binance trading platform went live. Another important partner of Binance, Changpeng Zhao's former colleague He Yi, also joined Binance as a co-founder and chief marketing officer.

Shortly thereafter, on September 4, 2017, the People's Bank of China and seven other ministries and commissions jointly issued an announcement to completely suspend ICOs and prohibit direct transactions between fiat currencies and digital currencies, which is known in the industry as "9."4 bans". After the ban, the three major domestic trading platforms OKCoin, Huobi, and Bitcoin China were impacted, while Binance quickly chose to "go overseas", so not only was it not affected, but it caused a large inflow of users.

Coupled with the blessing of the Binance platform currency and the excellent marketing ability of He Yi, the "first sister in the currency circle", Binance has a strong development momentum. By January 10, 2018, Binance announced that it had more than 5 million registered users worldwide and a daily trading volume of more than $10 billionLeap to become one of the largest exchanges in the world.

At the end of 2021, with the rise of many cryptocurrencies such as Bitcoin, Changpeng Zhao relied onWith a net worth of 94.1 billion US dollars (about 634.8 billion yuan), he became the richest man in ChinaAt the same time, it is also among the top ten richest people in the world and famous all over the world.

People are afraid of being famous and strong.

As a brand-new thing, cryptocurrency can be said to be beyond the supervision of the previous laws of various countries around the world, but it is playing a variety of illegal financial activities. Changpeng Zhao was also prepared for this, and obtained Emirati citizenship with no extradition agreement with the United States.

In recent years, as the US national debt has continued to soar, the level of lack of money in the United States has bordered on madness. As we all know, among the several major ** that support the global hegemony of the United States, in addition to strong military strength and dollar hegemony, there are also strict and perfectand has the ability to conduct a global "long-arm jurisdiction" financial regulatory and judicial system.

Since the second half of this year, the SEC and the judicial department of the United States have launched a crazy investigation into Changpeng Zhao, and the charges have also escalated, from money laundering charges to supporting drug trafficking, supporting terrorism, and endangering the United States.

Changpeng Zhao, who is in the United Arab Emirates, finally couldn't bear it at this time. In fact, even if the UAE and the United States do not have a so-called extradition agreement, as long as the so-called "is installed".Endangering the United States***On the whole planet, only two countries, China and Russia, can guarantee that they will not be kidnapped.

Under the mediation of the "middleman", Changpeng Zhao readily agreed to a package fine of $4.3 billion."Break the bankDisaster mitigationThe U.S. side demanded that Changpeng Zhao appear in court in person in the United States, and promised to allow him to be released on bail. So on November 21 this year, Changpeng Zhao appeared in federal court in Seattle, where he agreed to plead guilty to criminal charges and pay a fine, while resigning as Binance's CEO.

However, all this is just a trap for the Americans, and the greedy and crazy Americans have a appetite for far more than $4.3 billion, which they have been aiming for in the first placeembezzlement of all the assets of Binance and Changpeng Zhao。As a result, Changpeng Zhao, who came to the United States in the flesh, was really "a sheep into the tiger's mouth", and the Americans immediately turned their faces and denied their previous promises, and the accusations against Zhao Changpeng were further escalated.

On December 7, local time, the judge of the Seattle District Court ruled that Changpeng Zhao was thereThey are not allowed to return to their residence in the UAE until the court has pronounced their sentence。The ruling overturns an earlier decision by a U.S. magistrate judge to allow Mr. Zhao to return to the United Arab Emirates, and the likely sentence for Mr. Zhao is more than 10 years.

The "plea agreement", "spirit of contract", "principle of the rule of law", and "protection of private property" that Americans have always flaunted have all become jokes in the face of "making money". Changpeng Zhao's digital asset trading industry has certainly touched the boundaries of many financial violations, but to say that they will subjectively support "terrorism" and "endanger US security" is beyond everyone's most basic common sense.

At present, the size of the U.S. national debt has exceeded $3.3 billionInterest expenses alone exceed $1 trillion per yearIn order to maintain the "capital disk" of the dollar, it will have to print more US dollars, and the US fiscal deficit will only get bigger and bigger. Therefore, various departments in the United States have almost reached the point of doing everything in order to "make money."

This state of madness in the United States has also sounded the alarm for us. Today, we are facing a greedy and crazy American capital group that has torn its skin and let go of all moral bottom lines, and we must always guard against all kinds of vicious incidents that exceed the bottom line.

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