CZ's Statement on LUNC and USTC:
During an X chat event, CZ remarked, "It may not be right to make everyone rich so quickly," referring to the LUNC and USTC investors seeking rapid price increases and loss coverage through burning.
Context:
- Post-collapse, investors who suffered losses sought compensation and price appreciation through burning.
- Additionally, other investors bought LUNC and USTC, seeing an opportunity.
CZ's Perspective:
- His statement aimed at the latter group, emphasizing that rapid wealth creation might not be justified.
- Acknowledging the thousands affected by the LUNA and UST collapse, CZ highlighted the existence of investors seeking opportunity in LUNC and USTC.
Key Point:
CZ's remark was not dismissive of investors' losses but rather cautioned against unrealistic expectations of swift wealth creation.
