this post was submitted on 21 Nov 2023
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247
Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law (www.wired.com)
submitted 10 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
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[–] ripcord@kbin.social 3 points 10 months ago (3 children)

I don't get it

[–] Misanthrope@lemmy.ml 7 points 10 months ago

CZ would freguently post "4" in response to criticism or allegations. It was his way of saying all of the bad news about him was FUD.

Hopefully he lands in jail, but I don't think he'll be coming to the US anytime soon.

[–] YerbaYerba@lemm.ee 2 points 10 months ago (1 children)

It's in the article. The guy uses the number 4 as a symbol of his innocence or something along those lines.

[–] ripcord@kbin.social 2 points 10 months ago

I see it now, thanks. Guess I skimmed the last half earlier.

[–] Voroxpete@sh.itjust.works 1 points 10 months ago

At some point CZ outlined a bunch of "rules" for winning bigly in crypto (read: "getting suckered by his scam") and rule 4 was "Ignore FUD." Ever since, when bad news happened he would just reply with "4" as a shorthand.