CandleFocus CZ’s Cryptic Post Signals Resilience for Crypto After Legal Troubles
2024-11-15
Author: Content Editor
Changpeng Zhao, the former CEO of Binance, posted a cryptic message on his X page urging people to be on the right side of history. This message seemed to reference the U.S. Securities and Exchange Commission (SEC), which has faced criticism for stifling innovation in the crypto industry. In 2022, Zhao had advised his community members not to be on the wrong side of history, which led to speculation that he was addressing the SEC directly. Zhao has previously faced legal troubles, including a jail sentence and fines for money-laundering charges at Binance. His recent comment aligns with the crypto industry's optimistic outlook and the belief that blockchain technology is entering a new era.
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