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Recently, at an important industry forum, Binance's co-founder shared some insights on his interactions with the U.S. judicial authorities. He mentioned that when facing related investigations, his decision to plead guilty was not passive but a strategic choice made after careful consideration.
The core issue is this: if they insist on resisting legal proceedings, the government threatens to file lawsuits against more involved parties. This situation is detrimental to the entire ecosystem. He explained that sometimes, making concessions under regulatory pressure is a better choice to protect the ecosystem and other industry participants.
This statement touches on a long-standing challenge in the cryptocurrency industry—how to strike a balance between strict compliance requirements and business innovation. As a leading exchange, every decision made by Binance's founders helps shape the relationship between the industry and regulators. This candid admission actually reflects the real situation of Web3 enterprises under various national regulatory environments: sometimes, flexible strategy adjustments are more effective in safeguarding long-term interests than rigidly sticking to a stance.
Industry insiders believe that this remark offers valuable lessons for future entrants—how to protect corporate interests while fulfilling social responsibilities under different global regulatory frameworks is a challenge faced by all cryptocurrency platforms.