Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law
Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law
Changpeng Zhao, also known as CZ, will reportedly step down and plead guilty to violating money laundering requirements as part of a DOJ settlement. The company will also pay $4.3bn in fines.
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Please, let his response be:
4
I don't get it
CZ would freguently post "4" in response to criticism or allegations. It was his way of saying all of the bad news about him was FUD.
Hopefully he lands in jail, but I don't think he'll be coming to the US anytime soon.
It's in the article. The guy uses the number 4 as a symbol of his innocence or something along those lines.
I see it now, thanks. Guess I skimmed the last half earlier.
At some point CZ outlined a bunch of "rules" for winning bigly in crypto (read: "getting suckered by his scam") and rule 4 was "Ignore FUD." Ever since, when bad news happened he would just reply with "4" as a shorthand.