Arthur

Coin

<ul class="news-points"> 
 <li>Changpeng Zhao (CZ) went from anonymity to global wealth in under a decade, as mentioned by Hayes in his blog.</li> 
 <li>The blog suggests that CZ, like all those profiting from centralization, is considered a sinner in the eyes of Satoshi.</li> 
 <li>BitMEX’s former CEO questions the severity of Binance’s $4.3B fine, comparing it to traditional financial wrongdoings.</li> 
</ul> 
In a recent blog <a href="https://cryptohayes.substack.com/p/panda-power" target="_blank" rel="nofollow">post</a>, former CEO of crypto exchange BitMEX Arthur Hayes delves into the extraordinary rise and fall of <a href="https://coinedition.com/tag/Changpeng-Zhao/">Changpeng Zhao (CZ), the former CEO of Binance</a>. Hayes highlights the controversial $4.3 billion fine imposed on the largest crypto exchange. 
According to Hayes, CZ emerged from anonymity to become one of the richest individuals globally in under a decade. The catalyst for his ascension was Binance, which, in just six years, transformed into the world’s largest centralized trading venue for cryptocurrencies. 
Hayes notes, “For some, Binance was their way to purchase a coin or token that was a ticket to financial freedom. For others, it was a very efficient way to speculate on a new political, economic, and technological system.” 
Hayes introduces the ideological conflict surrounding crypto, …
The post <a href="https://coinedition.com/bitmex-co-founder-slams-government-treatment-of-cz-and-binance/">BitMEX Co-founder Slams Government Treatment of CZ and Binance</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BitMEX Co-founder Slams Government Treatment of CZ and Binance

Coin Edition

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