CZ took to social media to deny allegations of money laundering and fraud in response to media reports. He clarified that the so-called "anti-money laundering" issue is different from "money laundering", the former is not effectively prevented, and the latter is actually implemented. CZ stressed that all customer assets are safe and secure, and said it is probably one of the most strictly regulated people in the world. The statement also responded to reports of its legal dispute with Justin Sun.