EnHeng嗯哼.Ai|Nov 17, 2025 07:20
I have watched the complete video of Pomp's interview with @ cz-binance lawyer Teresa Goody Geehan. She participated in CZ's pardon process from beginning to end, and explained the most concerning questions from the outside world very clearly in the interview
CZ's case is a compliance issue from start to finish. Binance did not fully establish anti money laundering and compliance procedures in its early stages, with no money laundering, fraud, victims, asset losses, or criminal records. No CEO of a financial institution has been held accountable for similar issues in history, and CZ is the only industry executive to be imprisoned for such regulatory issues
When signing the pardon, Trump directly said that he couldn't see what CZ had done wrong. He believed that CZ should not have been prosecuted at all. The core reason for the pardon was to correct the wrong handling standards, not to give special treatment to someone, but to correct what should belong to the regulatory level from the criminal level
Teresa spent a lot of time explaining the misunderstanding in the interview. USD1 is a public stablecoin that can freely circulate on different chains, and its issuance on BNB Chain does not mean there is any monetary exchange between Binance and the president. The lawyer gave a very realistic example: just like you sell things on a certain platform, it does not mean that you have any relationship with the platform founder. The external connection between the normal operation of stablecoins on the chain and political events is completely a misunderstanding of the mechanism of blockchain. The so-called use of USD1 to buy amnesty is logically untenable. If this logic holds, all institutions and exchanges holding USD1 should be criticized, which is obviously not in line with the facts
The entire process of amnesty needs to go through multiple layers of review, including the Department of Justice's pardon lawyers, the White House Office of Legal Counsel, and relevant reviewers, before the President receives it. It is not something that the outside world imagines to be submitted directly to the President, nor is it something that can be directly handled through backend relationships. The process is legal, standardized, and transparent, and is a very mature set of procedures within the US system. This process itself denies all conspiracy theories
Lawyer's emotions fluctuate more than CZ's. From the beginning of the case to prison to the review results, CZ has always been very calm, stable, and grateful. He is the kind of person who can maintain rhythm at any time
The United States is actually the loser in this incident, because Binance is not in the United States, and the United States has lost the liquidity and innovation vitality of the world's largest exchange. The healthy development path of the industry is for regulation to move from confrontation to understanding. Many policy makers now realize this, and the migration of cryptocurrency to the blockchain is an irreversible trend in terms of transparency, efficiency, and scale
The encryption industry is beginning to be understood correctly, and the judiciary and regulation are also beginning to realign, no longer viewing innovation as a threat, but as a driving force for economic growth and global competitiveness
The video contains a lot of information. The above are the key points of the video that I have organized. I suggest watching the video again. Finally, congratulations to my cousin for being granted amnesty!
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