If you don't see the coffin, you won't cry, and if you don't see the Yellow River, your heart won't die.
For a long time, the beautiful self-proclaimed "liberal democratic rule of law" country, a paradise for the rich, and the rich flocked to it.
However, when some rich people were severely harvested by the big and beautiful "sickle", they finally woke up to the fact that perhaps heaven is more like a slaughterhouse for fat sheep.
Why? Let's take a look at what happened to Changpeng Zhao, the richest man in China.
On April 24, local time, the U.S. Department of Justice reported that Binance founder Changpeng Zhao should also be sentenced to 36 months in prison after admitting to violating anti-money laundering laws and paying a sky-high fine of up to $7.11 billion.
Previously, considering Changpeng Zhao's guilty plea, it was widely believed that the sentence would be shorter than the U.S. federal sentencing guidelines, that is, shorter than 12 to 18 months.
What's so greasy about this? Brother Li said to everyone.
Changpeng Zhao, although he was born in China, immigrated to Canada thousands of miles away with his parents at the age of ten, obtained Canadian status, became a Chinese Canadian, and later immigrated to the United Arab Emirates with his family.
In a self-description of Changpeng Zhao published on Binance's official website, it can be seen that he is very satisfied with the time he spent in Vancouver as a teenager, and he is also very proud of his experience working in Tokyo, Japan and New York, USA for several years.
But when he talks about how he went to Shanghai to set up a company in his early days, he was full of unhappiness and anger when he repeatedly paid extra taxes because he was not a "Chinese citizen".
"When my financial situation was stable enough to buy an apartment in Shanghai, I had to pay 25% more tax because I was a foreigner. ”
"Without this fee, I could have had 25% more Bitcoin today. ”
When the motherland could not provide me with a good material life, I did not need this motherland to go to the ocean, and when the motherland was thriving, full of vitality, and full of God-given opportunities that could make me a lot of money, I came back, but the motherland overtaxed me, and I did not accept it!
Two-faced face, the truth!
In 2005, Changpeng Zhao established Fuxun Company, Bijie Technology and other companies in China, earning the first pot of gold in his life.
In 2017, he and his team founded Binance and issued the digital currency "Binance Coin".
In just half a year, the profit was as high as 200 million US dollars. Changpeng Zhao became a legend in the industry in one fell swoop.
In September of the same year, the mainland issued the "Announcement on Preventing the Risk of Token Issuance and Financing", characterizing token issuance and financing as an act of illegal public financing without approval. In 2021, the relevant departments of the mainland jointly issued the "Notice on Further Preventing and Handling the Risk of Speculation in Virtual Currency Trading", which completely prohibits services related to virtual currency settlement and the provision of trader information.
Under these circumstances, Changpeng Zhao and his Binance left China.
Maybe at this time, Changpeng Zhao felt that it was the time to make a big move, and when this country issued a ban, he went to another country. It is undeniable that Binance, which left China, has indeed achieved an unusually crazy and barbaric growth in the capitalist market of the United States and the West. In less than a year, Binance has grown to become the world's largest cryptocurrency trading institution. Changpeng Zhao also transformed, and at the age of only 41, he became the first rich man in the field of digital currency on Forbes' first list of rich people in the field of digital currency, becoming the "richest man in China".
In the end, Changpeng Zhao decided that all employees would work from home and manage them online.
In 2021, Binance's daily trading volume has reached $76 billion, or about $500 billion.
What is this concept, which means that the daily handling fee can reach hundreds of millions.
At this time, while enjoying the sweetness of the so-called free air of the United States and the West, he was anxious to clear his line with China.
As can be seen from his various interviews, he has repeatedly emphasized that Binance has never been incorporated in China, does not have any legal entity in China, and the company culture is completely different from that of Chinese companies.
He also felt aggrieved more than once because of his Chinese identity.
"The biggest challenge for Binance is that our rivals in the West go out of their way to portray us as a 'Chinese company'. ”
He also prefers to write news stories about his "born in China and educated in Canada" and repeatedly stresses to the media that "I am a Canadian citizen, and that's it." ”
But when the fat sheep matures, how can the "democratic and free" United States and the West not be moved?
If you want to make a sample, you have to come first.
When wealth accumulates to a certain height, the United States begins to fall, and a "house raid" begins.
In March 2021, Binance was investigated by the United States.
In order to avoid risks, Changpeng Zhao has successively changed the name of Binance Smart Chain (BSC) to BNB Chain, appointed a new chief compliance officer in the US company, and invested in the newly established crypto venture fund Nomad Capital, etc., just to renew Binance's life.
In March 2023, the U.S. Commodity Futures Trading Commission (CFTC) accused Changpeng Zhao of illegally operating a digital asset derivatives exchange, and in June, the U.S. Securities and Exchange Commission (SEC) sued Binance and its CEO Changpeng Zhao for violating U.S. securities exchange rules. The U.S. Department of Justice initially filed a lawsuit against Binance and Changpeng Zhao on suspicion of money laundering and unlicensed remittance.
After all, at this time, Changpeng Zhao had settled in Dubai for a long time and obtained UAE citizenship, and there was no extradition agreement between the UAE and the United States.
But the style of painting is getting more and more outrageous, and Changpeng Zhao completely underestimates the ugliness of Yankee's essence. I think that in the past, the United States changed the fate of a country in Iraq with a single tube of laundry detergent! Now it is not even easier to deal with a Changpeng Zhao.
The U.S. Department of Justice jumped out and accused Binance of failing to report more than 100,000 suspicious transactions with designated terrorist groups such as Hamas, al-Qaeda, and the Islamic State of Iraq and Syria, accusing Binance of supporting activities such as terrorism and illegal drug transactions.
"Terrorists" endanger national security?
Binance was originally doing "open-door trading", so why not excuse the crime that you want to add?
But the United States doesn't care so much, it doesn't matter whether Binance's illegality is serious or not, and it doesn't matter if the punishment is justified, it only matters if I rob you with a "reasonable" reason, and now that the "law" is on the table, it's up to you to be unconscious.
You must know that the United States has cleaned up people, it is really a ruthless character, if you are disobedient, let alone money, it will be difficult to even save your life.
Because of the few small billionaires who made a fortune on Binance, many of them died mysteriously under the legal charges in the United States. We don't know the truth, but it is precisely with the lessons of the past that Zhao Changpeng must be willing to abandon the car to protect the handsome.
Changpeng Zhao quickly pleaded in, reached a plea agreement with the U.S. Department of Justice, paid a fine of $4.3 billion, resigned as CEO, and handed over customer details to the U.S. authorities, which can be regarded as completely giving up Binance.
Zhao Changpeng thought that he would not be afraid of running out of firewood to stay in the green mountains, but the appetite of the United States is not small, and the speed at which he turned his face and did not recognize people was really fast.
After the fine was paid, the United States immediately replaced Changpeng Zhao's charges. People have to bow their heads under the eaves. Changpeng Zhao then paid a fine of 2.85 billion US dollars, and he felt that he was about to be squeezed dry by Da Mei.
But when Changpeng Zhao went to the United States to turn himself in, paid a bail of $175 million, and after a U.S. magistrate agreed to his request to return to the United Arab Emirates, the U.S. Department of Justice "temporarily changed his mind" and barred him from leaving the country.
What made Changpeng Zhao even more devastated was that the U.S. Department of Justice came up with the rhetoric of being suspected of terrorism and recommended that his sentence be increased.
The "spirit of contract" of the Americans is as good as a piece of toilet paper used to wipe the buttocks. Changpeng Zhao has now become the biggest wrongdoer, and he is pinched by the liberal and democratic Yankees to the point that he does not squeak when asked.
The United States once said that private property is inviolable, but it is not uncommon to be slapped in the face.
In fact, Changpeng Zhao is just one of them, and the United States is still sharpening its knives to the rich.
Some time ago, Qin Hui was also charged by the U.S. Department of Justice with three crimes, namely illegal political donations, immigration fraud, and forgery of ID cards. What awaits him will be another American "elaborate".
This Qin Hui is the owner of the "No. 1 Nightclub in China" in heaven and earth. When Qin Hui ran to the United States with money, he thought that he had really reached heaven and earth, but a bloody storm waiting for him had just begun.
Because any foreign rich man will be a fat sheep on the American table.
This time, Qin Hui will not only have to sit in prison and be deported, but the transferred property is estimated to be wiped out by the United States.
When he saw this, Brother Youli couldn't help but sigh: Robbery is terrible, but what is even more terrible is "legal robbery".
In the United States, the law is increasingly becoming a cover tool for "robbery" and a tool to serve its cunning and robbery, suppression of dissidents, and personal gain.
So, why is the big beauty so ugly?
Brother Li believes that it is because of the growing financial crisis in the United States.
To put it bluntly, it's just that Da Mei has no money.
Domestic inflation in the United States is now rampant, but the Federal Reserve has not acted.
On the one hand, they are worried that the US dollar will be lost due to interest rate cuts, which will bring volatility to the US economy. Second, the financial hegemony with China is not over, and the United States also wants to find an opportunity to trample on China.
Not to mention that the United States has always done a good job of "saving face."
The U.S. government has single-handedly covered up all the problems caused by the fiscal crisis and created the illusion that the country is booming.
Behind the scenes, however, they are in a panic, and on the one hand, they must continue to sell government bonds to the whole world, and on the other hand, they must increase fiscal revenues as soon as possible.
Therefore, the United States has thought of making a fortune, and if it can find out the "suspicion" of crime from foreigners who have immigrated to the United States and take action, the amount of punishment will definitely be an important financial revenue.
This is certainly not a piece of fat sent to the American board.
So, don't think that America is a pure land on earth, a paradise on earth, and when you walk into a world that they have designed for you, you will find that you are surrounded by swamps. It is estimated that now those "unclean plutocrats" are already trembling on American soil.
In the end, Brother Reasoni wants to repeat that the laws of the United States are weapons that they use to legally rob wealth, not to protect the people, so where does the United States have the rule of law?