It'll be interesting to see if anything blows back on binance here. If politicians see CZ as having blown up the business of one of their big donors, they may be unhappy enough to do something really dumb.
Yea, like destroying 100s of thousands of small account owners on Binance. Because the guy looks “Chinese” (but he multiple times publicly stated he is not Chinese).
He wasn’t raised in China nor does he currently live there, but he was literally born in China and is ethnically Chinese. He doesn’t “look” Chinese, he “is” Chinese.
To be fair, CZ was born in China and may have some ties to the Chinese government. He really is Canadian, though.
I could see this maybe happening if SBF hadn't already done a media circuit where it was painfully clear he didn't know what he was doing. It would be hard to pin significant blame on Binance at this point. Whatever CZ did or didn't do the perception is that FTX was already doomed.