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News came overnight that the U.S. Commodity and Futures Trading Commission (CFTC) filed a lawsuit against Binance founder Zhao Changpeng (known as CZ in the world). The crypto market fell in response. Bitcoin once fell below the 27k mark. It was a hot topic for a while. Chinese netizens were concerned about whether the CFTC could first clarify with the SEC (Securities and Exchange Commission, the US securities regulator) whether the so-called cryptocurrencies such as BTC, ETH, and LTC are commodities or securities before finding fault. American netizens were concerned about whether the lawsuit documents disclosed a large amount of investigation and evidence collection on Binance's internal communication using Telegram, WeChat, Signal, Webex, and email, and whether it was suspected of violating privacy. Interestingly, the CFTC also described in detail in the indictment the unique feature of Signal that can automatically delete chat messages, claiming that an investigation of CZ’s phone revealed that he used Signal, a private chat tool, extensively to communicate with customers, employees, and executives. (Page 18 of the indictment) The entire indictment is 74 pages long. In fact, the core point is nothing more than saying that Binance has many American users and contributes a lot of profits. CZ and other executives are well aware of this and have instructed CCO (Chief Compliance Officer) Samuel Lim and employees to carry out a series of cover-up operations. CZ and executives pretended to "block" American users while asking employees to instigate Americans to use VPNs to "climb over the wall" to visit Binance, and also asked Americans to create fake identities to bypass KYC and AML (anti-money laundering) requirements. In addition, the investigation also found that under CZ's command and layout, Binance controlled hundreds of accounts and cooperated with many third-party companies to manipulate the market. Binance's cryptocurrency transactions are commodity transactions, and its high-multiple contracts are futures transactions, but neither has been registered with the CFTC. People in the cryptocurrency circle might think, "CFTC, you have written so much. Isn't this all the public secrets that everyone knows, as the advertising slogan says?" People are curious about the CFTC's newness. In the past few years, friends who have made quick money and big money in the circle have talked to me about the issue of supervision. I told them that our supervision is like a big stick raised high and gently dropped. From 2017 to now, there are so many coin issuers. Has anyone been arrested or sentenced for issuing coins (according to the new judicial interpretation in 2022, they can be investigated and prosecuted according to non-collective investigation)? None. (Basically, those who get into trouble are doing other messy things under the name of coins) And look at the other side of the ocean, the legal system in the United States is real. The SEC started to investigate ICOs in 2021, and there are many cases of arrests and fines. This year, the situation is getting tighter day by day. In contrast, our side has become a safe haven. Some people say that it is because the sickles are growing fast and have fled to Singapore and Dubai to hide. This is too naive. There is no one in the world who can live peacefully on earth without offending China and the United States. Moreover, many people who have tasted the joy of harvest are still wandering around the country leisurely. A mother's arms are still gentle. She will not beat her children to death just because they make a small mistake. Of course, you have to be a good child to her mother. This is not the American value. The foundation of the United States is Christianity. The words printed on the dollar are In God We Trust. The Bible says that if God asks you to do anything, you just do it. It is a test of your faith: so you slaughter cities and exterminate people, you eradicate paganism, you sacrifice your own children, you do not hesitate at all, and thus pass God's test of loyalty. Don't worry, God will not really let you sacrifice your own children. He will send archangels to appear and send lambs to replace you. When the United States unilaterally breached the Bretton Woods Agreement in 1971 and decoupled the dollar from gold, humanity has been caught in the catastrophe of currency over-issuance since then. The dollar, freed from the constraints of gold, has become a demon that has escaped from Pandora's box. It is Satan, but claims to be the God of people. It has printed on itself, In God We Trust. It uses aircraft carriers, nuclear submarines and intercontinental missiles to tell people all over the world, In USD We Trust. From then on, God is USD, and USD is God. Like Nietzsche, it raised its arms and shouted: "I am the sun!" Like Nietzsche, it has fallen into spiritual madness. All people kneel at the feet of this new God. The President of the United States, the Chairman of the Federal Reserve, the Secretary of the Treasury, the CFTC, the SEC, etc. All the authorities kneel at its feet and pay homage to it. At the end of the indictment, the CFTC requested compliance, fines, and the return of all earnings (including but not limited to trading profits, income, wages, commissions, loans, derivative expenses, etc.). (Pages 72 and 73) When I was a kid, I loved eating chopped pepper fish head. My mother bought a big, fat carp from the market, cleaned it, and put it on the chopping board. She raised the knife high in her hand, and suddenly dropped it. With a snap, the fish head and body were chopped into two parts. Add onion, ginger, garlic, a little light soy sauce, cooking wine to remove the fishy smell, and add chopped red pepper and chopped shallots. Soon, a pot of fragrant chopped pepper fish head was ready.
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