Benson Sun
Benson Sun|Oct 15, 2025 13:48
Someone asked, if we didn't lose money this time, why spend so much time researching this matter? Are you still seeking revenge for the incident where FTX was toppled by CZ back then? Actually, it's not true. Indeed, if FTX hadn't collapsed, my current net worth might have been more than twenty times, Equivalent to missing a whole cycle of playing. But I had already let go of that incident. At the peak of FTX, I felt proud and satisfied, At that time, I had never really encountered any setbacks. To put it simply, he is a 'young cryptocurrency god' who has stepped on the bull market dividend. At that time, my wealth and reputation far exceeded my abilities and intellect. The so-called 'great misfortune for young people' refers to me. Looking back, falling down earlier is actually a good thing. From this perspective, CZ is actually my benefactor. The starting net value for this round is very low, The main account is full of FTT bought at a low point before the collapse of FTX, which is not worth much at all And the small account only sold less than 5% of its net worth From 2023 to early 2025, Finally returned to the water level of the previous round. The process is very difficult, but the feeling of starting from scratch and then fighting back, Actually, it's more precious than anything else. To be honest, I have been in the industry for eight years now, If we look at many things from the perspective of CZ and He Yi, They didn't actually have a better choice at that time, The only thing that can be done is in that situation, Try to find the optimal solution for the industry and company. Sometimes I even sympathize with them. The company is too big, and not everyone below may be able to control it; Some of them curse so inexplicably that I feel heartbroken even after reading it myself. But since he possesses wealth and power far beyond ordinary people, Naturally, we need to take on more responsibilities, As an individual, I have no negative emotions towards them and even some admiration and gratitude towards them. After all, I earned a lot of money from BNB in 2021, second only to FTT, and I completely let go of FTX As a practitioner in the industry, there are some things that need to be said. I also know that there is a high probability that it will be of no use in the end, A few months have passed and everyone has forgotten, Binance is still the largest institution in the universe, But at least let the top management of Binance know that the community is not without people caring about the truth No need to blame those who haven't spoken up Many people have employees to take care of, shareholders to explain, projects they are currently investing in waiting to be listed on the exchange, as well as media and KOLs doing commission rebates and advertising, It's impossible to openly confront Binance You don't know either I am only a Level 2 candidate, and I dare say it's not because I am relatively noble My way of making money is not solely dependent on third parties, If the milk powder and mortgage for my soon to be born child are all provided by Binance, I'm likely to have to keep it a secret That's all for now
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