In July 2022, the Chinese version of Bloomberg Businessweek used the term "Ponzi scheme" to describe CZ and#Binance, and received an apology letter two years later. I guess many of my friends think this is a conditional after the fine, but you have to know that this publication was issued in Hong Kong 🇭🇰, and it may not be correct to think that it is the product of the US settlement.

If Binance relies on a Ponzi scheme to achieve today's results, then the entire cryptocurrency industry should be a huge Ponzi scheme, but today we have seen that whether it is#BTCor #ETH, and even#SOLin the future, there is a chance to become a spot ETF, accepted and recognized by the mainstream society. If you still force yourself to think that this is a Ponzi scheme, then who is deceiving whom?