BlockTower Capital founder: CZ and SBF committed the same crime, and the US gave the former a lighter sentence in order to protect user funds

BlockTower Capital founder and CIO Ari Paul opposed CryptoQuant CEO Ki Young Ju's affirmative view of CZ, saying, "CZ committed the same crime as SBF. If the federal government wants, he can be imprisoned for life. CZ stole customer deposits and gambled. He has dozens of charges and defrauded the retail industry in dozens of ways. He deliberately facilitated money laundering and worse for criminal groups. Why was he only charged with a little bit? Because the federal government is worried that he will take away more than $30 billion in retail funds by bribing the UAE sheikh to obtain sovereign immunity, and the federal government wants a lot of Binance documents that can prove the industry guilty." It is worth noting that the Reuters report cited by Ari Paul accused CZ of obtaining approximately $11 billion in customer assets through trading companies. In response, CryptoQuant CEO Ki Young Ju quoted the U.S. Department of Justice's statement on CZ's allegations, saying that the Reuters report had no solid evidence, only indirect suspicion, and no legal conviction was made. And “the DOJ did not charge CZ with misappropriating client funds, but rather with abetting money laundering.”