CZ denies charges: no money laundering or fraud involved
According to online reports, CZ denied allegations of money laundering and fraud in response to media reports on social media. He clarified that the so-called "anti-money laundering" issue is different from "money laundering" in that the former is a failure to effectively prevent, while the latter is actual implementation. CZ stressed that all customer assets were safe and said it was probably one of the most regulated people in the world. The statement also responded to reports of its legal dispute with Justin Sun.
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