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Founder of BlockTower Capital: CZ and SBF committed the same crimes, and the United States gave the former light pay for the preservation of user funds and other considerations

On September 22, Ari Paul, founder and CIO of BlockTower Capital, objected to CryptoQuant CEO Ki Young Ju's affirmative view of CZ and said that CZ committed the same crimes as SBF. He could be jailed for life if the federal government wanted to. CZ stole customer deposits and gambled. He had dozens of charges and defrauded the retail industry in dozens of ways. He knowingly facilitated money laundering and worse for criminal syndicates. Why was he only charged a little bit? Because the federal government was concerned that he would siphon off more than $30 billion in retail funds by bribing the Emirati sheikh to obtain sovereign immunity, and the federal government wanted a large number of Binance documents that could prove the guilt of the industry. Notably, the Reuters report cited by Ari Paul alleges that CZ obtained about $11 billion in client assets through the trading firm. In response, CryptoQuant CEO Ki Young Ju, citing the Department of Justice's statement of charges against CZ, said the Reuters report had no hard evidence, only circumstantial suspicion, and no legal convictions were made. And "The Justice Department did not accuse CZ of embezzling client funds, but of abetting money laundering."