I've been arguing about this on Twitter for three days now For Chinese users, it is reasonable to demand a reliable Chaoshan network over compliance. There has never been a period in Chinese history where there has been a substantial and effective rule of law, or a rule of law that benefits ordinary people The government's credibility is not as reliable as that of clans, and it is normal for people above the level of moderate prosperity to instinctively distrust the government's actions But for OKX, whether to comply or not, the real issue is volume. When you reach a certain scale, unless you are a sovereign level Chaoshan network (Russia, UAE, Cambodia, etc.), compliance must be done, and the ultimate goal is definitely to seek a sovereign level protection, such as listing. For Lao Xu, going public is not about cashing out, it is about finding sovereign protection for himself, and this choice is the US/US stock market. Taking a step back, even if Lao Xu still has wild hopes for crypto native, he still needs a master card to pull external funds for his own use, in order to at least keep up with friendly merchants It is unnecessary to attack Lao Xu for "losing his revolutionary ideals". In the large-scale calculation of the exchange in 2021, Lao Xu reportedly used a hunger strike to resist pressure, buy time to leave China, and preserve his current OKX. Otherwise, OKX will also be like the Huobi at that time, relying on the alms of the big leader to keep personal freedom and end up with a castration fate A Chaoshan network that can withstand the test of time, turning to compliance and becoming Song Jiang, is better than Gao Gaoqiu, who pretends to have a compliance background but actually commits robbery like FTX