BTC ETH Binance OKX Xu Mingxing actually personally stepped in to mock Binance for creating Chinese coins, probably didn’t expect Binance to stoop so low just to overtake competitors in the Web3 wallet space. Looking at the comments section below, it seems like Binance’s PR team paid for bots to trash Xu Mingxing. Otherwise, with Binance directly getting involved in launching crypto gambling platforms, there aren’t many sane people who would agree with this. Of course, Xu Mingxing has had plenty of shady history himself and often gets criticized, but pointing out the disgusting things Binance is doing now is definitely valid. It shows he still has some business ethics, while Binance this time has completely crossed the line. And after the 1011 incident, Binance didn’t just stop after paying out a few billion in compensation—they’re now doubling down on pushing crypto gambling platforms. Looks like they’re dead set on openly stepping in to exploit retail investors. This is way more sophisticated than FTX’s method of misappropriating user funds back in the day. FTX outright stole, while Binance is now using online gambling to funnel retail investors’ money into their own pockets.