Binance Life offers a rare insider perspective. From CZ's own writing, we can see the most authentic cracks in this world's largest cryptocurrency exchange. He packaged almost all the crises as "We survived." His tone was restrained, and his narration was light. But behind those understated paragraphs lie several wounds that have never truly healed. These predicaments are not unique to Binance; they are a bill that the entire crypto industry must inevitably pay as it transitions from a period of unregulated growth to one of stricter regulation. Seven Years of Exile: Shanghai, Tokyo, Malta, Singapore, Dubai. What appears to be a roadmap for global expansion is, in reality, a history of exile by regulatory bodies.
2018Year4Month,CZ made a special trip to Bermuda to meet with the Prime MinisterDavid Burt
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In the Asia region, the regional headLeonWithout fully reporting, he unilaterally signed a contract to advance tens of millions of dollars in losses for users, with an additional clause stating that if the funds are recovered in the future, the proceeds will belong to the original management. Even more absurdly, the local board of directors has already signed off on it, including two members of Binance's management team. Someone within the company was simultaneously on both the buyer's and seller's sides in the same transaction. It was only later discovered that CZ concluded: "Binance expanded too quickly, and many people with impure motives infiltrated the team; management couldn't keep up." When a company expands to thousands of people in a very short period, management methods built on trust and value-based screening begin to fail.
2025At the end of the year, He Yi officially took over as UnitedCEO, tied withRichard Tengtied—— “It's easier to ask for forgiveness than permission.”This quote comes from Richard· 2019Year text="">CZ5month, GenslerReturnedCZForwarded what students wroteBNBFeasibility analysis report, CZ 2026In 2026, an Australian subsidiary was still fined AUD 10 million for misclassifying customersMiCAThe EU MiCA license application is still pending. It means that every subsequent license application and every bank negotiation must be accompanied by this record. A guilty plea is the end, but also a beginning in another sense. He later said that if he hadn't been greedy for the huge size of the US market in his early years, he might not have suffered such a costly reckoning. Highly Personalized Credit Endorsements In November 2023, before deciding to fly to the United States to plead guilty, CZ... The text="">held its last online meeting:“If I don't go, the Biden administration will kill Binance,BNB holderswill be severely damaged, and the industry may regress to10" 2023It's easier to ask for forgiveness than permission
Trump's World Liberty Financial (WLFI) is threatening to bring Justin Sun to court after the crypto billionaire publicly accused the platform of embedding hidden controls in its token contract.
XingChiAI agents are starting to work for themselves, blockchain is becoming the underlying currency of the machine economy, the boundary between reality and virtuality is becoming increasingly blurred, and the wave of Web 4.0 is gathering.
JinseFinanceThe comedian actually profited instead of losing money; what was the bookmaker betting on? Justin Sun: Nice pen, it's mine!
JinseFinanceJustin Sun, Tron, cryptocurrency, Justin Sun: The Architect in the Eye of the Storm, Golden Finance, the "Crypto Regent" who once stood in the dock.
JinseFinanceRecently, nearly $1.5 billion was stolen from an exchange overnight. As soon as the news came out, it triggered heated discussions and doubts in the industry, and the security issues of centralized exchanges were once again pushed to the forefront.
JinseFinanceCoinDesk published a report in late November detailing how Justin Sun ate a banana by contemporary artist Maurizio Cattelan that he purchased from Sotheby’s for $6.2 million.
JinseFinanceAt 34, Justin Sun is still active at the forefront of the blockchain industry. Every move he makes is like being in the spotlight, attracting much attention. This almost paranoid enthusiasm is like an invisible hand that keeps pushing him forward.
JinseFinanceWhat exactly is WBTC? What is the specific content of BitGo's announcement? What kind of company is BiT Global? How valuable is the TCSP license? What does MakerDAO's move mean? What do industry insiders think?
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AnaisSun Yuchen's former assistant revealed that his personal collection is already worth more than 1.2 billion yuan.
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