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Blum CEO: It is recommended to read "American Trap" recommended by Zhao Changpeng. The founder of Telegram is experiencing a similar experience

Gleb Kostarev, CEO and co-founder of Blum, a hybrid exchange, said readers were advised to read Frédéric Pierucci's American Trap, which was recommended by Changpeng Zhao, chief executive of Binance, to find out "what really happened". Mr. Kostarev pointed out that Pierucci's arrest at the airport was part of a larger plan to weaken France's Alstom. He believes similar pressure is being applied to Pavel Durov, founder of Telegram, which Mr. Kostarev said was nothing new in history. In addition, he said that technical difficulties during the airdrop of DOGS tokens caused users to encounter setbacks when collecting tokens during tasks. He apologized for this, saying that every transaction is recorded to ensure fair distribution of airdrops. It is reported that Pierucci, the author of "American Trap", was arrested by the Department of Justice in 2013 on suspicion of business bribery and imprisoned in the United States for a period of time. The book details his arrest, trial, and experience in prison. The book points out that the United States uses legal tools such as the Foreign Corrupt Practices Act (FCPA) to investigate and sanction foreign businesses. These laws are themselves designed to fight corruption, but Pierucci believes they are sometimes used as weapons of economic competition.