BlockTower Capital founder and CIO Ari Paul disagreed with CryptoQuant CEO Ki Young Ju's affirmative view of CZ, saying, "CZ committed the same crimes as SBF. If the feds wanted, he could be imprisoned for life. CZ stole customer deposits and gambled. He has dozens of charges and defrauded the retail industry in dozens of ways. He knowingly facilitated money laundering and worse for criminal groups. Why is he only charged with a few things? Because the feds are worried that he will take away more than $30 billion in retail funds by bribing the UAE sheik to obtain sovereign immunity, and the feds want a lot of Binance documents that can prove the industry's guilt."
It is worth noting that the Reuters report cited by Ari Paul accused CZ of obtaining approximately $11 billion in customer assets through trading companies. In response, CryptoQuant CEO Ki Young Ju quoted the US Department of Justice's statement of accusation against CZ, saying that the Reuters report had no solid evidence, only indirect suspicion, and no legal conviction was made. Moreover, "the Department of Justice did not accuse CZ of embezzling customer funds, but accused him of abetting money laundering." #ETH
