If CZ had acquired FTX from Explosion Head, would he still need to go to jail? Would the economic loss be smaller? What is the best way?
1. CZ was charged for violating anti-money laundering and other clauses. If this problem is not solved, he will still go to jail. As for whether SBF can solve this problem after becoming his subordinate, it is unknown.
2. CZ's acquisition of FTT and other assets should not be much more than the current fine, according to the balance sheet at the time, not to mention that the relevant assets have increased significantly later. Of course, Zhao Changpeng did not acquire the assets of Explosion Head at that time for commercial considerations, and did not consider a series of subsequent problems.
Of course, given that Binance was an investor in FTX before, and then SBF forced Zhao Changpeng to withdraw and acquire it again, the relationship was not so easy to get along, and the acquisition terms should not include dealing with legal matters.
3. Therefore, the best way is to take into account anti-money laundering measures such as KYC when expanding at that time. Only when there are no major problems, there is no need to pin hopes on others.
ps: The blast airdrop of the strongest pua Tieshun in history finally came to an end last night. As the first project to read the promotional materials in full to receive the airdrop, it is also the airdrop with the smallest profit.