1/118 <font color=red></font> 09-06 02:48:08-09-06 02:48:15 September 2017,<br>2/118 <font color=red>bg</font> 09-06 02:48:04-09-06 02:48:15 One night,<br>3/118 <font color=red>aaa</font> 09-06 02:48:10-09-06 02:48:15 He is one of his closest partners.<br>4/118 <font color=red>hp</font> 09-06 02:48:11-09-06 02:48:15 A beautiful partner called He Yi calls him.<br>5/118 <font color=red>n</font> 09-06 02:48:13-09-06 02:48:15 The policy seems to be tightening.<br>6/118 <font color=red>de</font> 09-06 02:48:15-09-06 02:48:28 We need to act quickly.<br>7/118 <font color=red>bg</font> 09-06 02:49:12-09-06 02:49:19 After that, they held an emergency meeting late at night.<br>8/118 <font color=red>bg</font> 09-06 02:48:17-09-06 02:48:28 Decided on Zhao Changpeng,<br>9/118 <font color=red></font> 09-06 02:48:18-09-06 02:48:28 What about He Yi and the recently mentioned financial collea...<br>10/118 <font color=red>aaa</font> 09-06 02:48:21-09-06 02:48:28 Three people temporarily left for overseas, leaving their co...<br>11/118 <font color=red></font> 09-06 02:48:19-09-06 02:48:28 That night,<br>12/118 <font color=red>n</font> 09-06 02:48:25-09-06 02:48:28 Zhao Changpeng and He Yi flew to Tokyo.<br>13/118 <font color=red></font> 09-06 02:48:22-09-06 02:48:41 One of the people, even his mother was just finished a surge...<br>14/118 <font color=red>hp</font> 09-06 02:48:26-09-06 02:48:28 So he told his mother that he had to go on an urgent busines...<br>15/118 <font color=red>xss</font> 09-06 02:48:28-09-06 02:48:41 Then you can imagine that scene.<br>16/118 <font color=red></font> 09-06 02:48:32-09-06 02:48:41 So, what about her? She has a husband and children too.<br>17/118 <font color=red></font> 09-06 02:48:46-09-06 02:48:55 Woke up in the middle of the night and went home, telling my...<br>18/118 <font color=red>bg</font> 09-06 02:48:31-09-06 02:48:41 Say,<br>19/118 <font color=red></font> 09-06 02:48:33-09-06 02:48:41 Tomorrow at 6:00 AM,<br>20/118 <font color=red></font> 09-06 02:58:49-09-06 02:58:59 You have to take me to the airport,<br>21/118 <font color=red>hp</font> 09-06 02:48:36-09-06 02:48:41 I need to go to Thailand first.<br>22/118 <font color=red>n</font> 09-06 02:48:39-09-06 02:48:41 Leaving my husband and children,<br>23/118 <font color=red>de</font> 09-06 02:48:41-09-06 02:48:55 You can imagine,<br>24/118 <font color=red></font> 09-06 02:48:47-09-06 02:48:55 That scene was quite poignant.<br>25/118 <font color=red></font> 09-06 02:48:49-09-06 02:48:55 I've been abroad for a while now,<br>26/118 <font color=red></font> 09-06 02:49:13-09-06 02:49:19 The mainland is asking about this matter.<br>27/118 <font color=red>n</font> 09-06 02:48:50-09-06 02:48:55 So, actually, this person is returning to China to be interv...<br>28/118 <font color=red></font> 09-06 02:50:43-09-06 02:50:54 I've explained how they handled the entire process of releas...<br>29/118 <font color=red>hp</font> 09-06 02:48:53-09-06 02:48:55 Some things have been questioned.<br>30/118 <font color=red>aaa</font> 09-06 02:48:52-09-06 02:48:55 Okay,<br>31/118 <font color=red>xss</font> 09-06 02:48:55-09-06 02:49:06 That means that I can't stay in China anymore.<br>32/118 <font color=red>bg</font> 09-06 02:48:56-09-06 02:49:06 Because the entire policy had already been announced by the ...<br>33/118 <font color=red></font> 09-06 02:48:58-09-06 02:49:06 It's completely prohibiting the issuance and/or trading of v...<br>34/118 <font color=red></font> 09-06 02:48:59-09-06 02:49:06 Right?<br>35/118 <font color=red>aaa</font> 09-06 02:49:01-09-06 02:49:06 He then collected about 1.5 million US dollars, which was th...<br>36/118 <font color=red>n</font> 09-06 02:49:02-09-06 02:49:06 It is said that it was a repayment in kind.<br>37/118 <font color=red></font> 09-06 02:49:03-09-06 02:49:19 At the same time, there was no high-level speculation or har...<br>38/118 <font color=red>hp</font> 09-06 02:49:05-09-06 02:49:06 Therefore, at that time he actually established his reputati...<br>39/118 <font color=red>de</font> 09-06 02:49:06-09-06 02:49:19 But it was indeed his usual place to relieve himself.<br>40/118 <font color=red></font> 09-06 02:49:09-09-06 02:49:19 And the land where he built his business,<br>41/118 <font color=red>aaa</font> 09-06 02:49:15-09-06 02:49:19 Actually, he couldn't stay anymore.<br>42/118 <font color=red>n</font> 09-06 02:49:16-09-06 02:49:19 So, he went to Tokyo first.<br>43/118 <font color=red>hp</font> 09-06 02:49:17-09-06 02:49:19 Started his journey of wandering the Earth.<br>44/118 <font color=red>xss</font> 09-06 02:49:19-09-06 02:49:30 Initially, Tokyo was ambiguous about the attitude towards cr...<br>45/118 <font color=red>bg</font> 09-06 02:49:20-09-06 02:49:30 After they had a brief stay in Tokyo,<br>46/118 <font color=red></font> 09-06 02:49:22-09-06 02:49:30 Tokyo, Japan has also started to embrace cryptocurrency.<br>47/118 <font color=red></font> 09-06 02:49:52-09-06 02:50:04 This also tightened.<br>48/118 <font color=red>aaa</font> 09-06 02:49:23-09-06 02:49:30 Okay,<br>49/118 <font color=red>aaa</font> 09-06 02:49:59-09-06 02:50:04 Then they went to Singapore.<br>50/118 <font color=red>n</font> 09-06 02:49:26-09-06 02:49:30 Singapore initially expressed its welcome,<br>51/118 <font color=red></font> 09-06 02:49:27-09-06 02:49:41 However, Singapore has also gradually tightened its policies...<br>52/118 <font color=red>hp</font> 09-06 02:49:29-09-06 02:49:30 He had to leave Singapore again,<br>53/118 <font color=red>de</font> 09-06 02:49:30-09-06 02:49:41 Arrived in Malta,<br>54/118 <font color=red>aaa</font> 09-06 02:50:22-09-06 02:50:28 Then, I ended up in Dubai.<br>55/118 <font color=red>bg</font> 09-06 02:49:32-09-06 02:49:41 Finally, I got a good job in Dubai.<br>56/118 <font color=red></font> 09-06 02:49:33-09-06 02:49:41 During the time he was working on this "The Wandering Earth"...<br>57/118 <font color=red>aaa</font> 09-06 02:49:34-09-06 02:49:41 They must have formed the first.<br>58/118 <font color=red></font> 09-06 02:49:36-09-06 02:49:41 No head office,<br>59/118 <font color=red>hp</font> 09-06 02:59:30-09-06 02:59:34 No headquarters.<br>60/118 <font color=red>n</font> 09-06 02:49:37-09-06 02:49:41 Second,<br>61/118 <font color=red>xss</font> 09-06 02:49:41-09-06 02:49:54 Everyone is working from home,<br>62/118 <font color=red>hp</font> 09-06 02:49:40-09-06 02:49:41 Well,<br>63/118 <font color=red></font> 09-06 02:49:44-09-06 02:49:54 It has formed a truly decentralized and distributed system, ...<br>64/118 <font color=red>bg</font> 09-06 02:49:43-09-06 02:49:54 A traffic-based management system,<br>65/118 <font color=red></font> 09-06 02:49:47-09-06 02:49:54 Regarding a kind of work environment and working culture.<br>66/118 <font color=red>aaa</font> 09-06 02:49:48-09-06 02:49:54 Well,<br>67/118 <font color=red>hp</font> 09-06 02:49:49-09-06 02:49:54 In 2022,<br>68/118 <font color=red>de</font> 09-06 02:49:54-09-06 02:50:04 Musk announced that he intends to take Twitter private.<br>69/118 <font color=red>n</font> 09-06 02:49:51-09-06 02:49:54 Why?<br>70/118 <font color=red></font> 09-06 02:49:57-09-06 02:50:04 Because Musk believes that Twitter must be a place where fre...<br>71/118 <font color=red>bg</font> 09-06 02:49:55-09-06 02:50:04 However, during the Biden administration at that time,<br>72/118 <font color=red>n</font> 09-06 02:50:01-09-06 02:50:04 Twitter seems to have lost this kind of positioning and func...<br>73/118 <font color=red>hp</font> 09-06 02:50:02-09-06 02:50:04 So, it seems that Musk wants to change something because he'...<br>74/118 <font color=red></font> 09-06 02:49:58-09-06 02:50:04 He doesn't have that much money.<br>75/118 <font color=red>n</font> 09-06 02:51:13-09-06 02:51:16 For example, there are these financial institutions in our v...<br>76/118 <font color=red>xss</font> 09-06 02:50:04-09-06 02:50:16 Or, it could be a friend too.<br>77/118 <font color=red>bg</font> 09-06 02:50:05-09-06 02:50:16 When asked if they could play together, Zhao Changpeng was a...<br>78/118 <font color=red>n</font> 09-06 02:52:04-09-06 02:52:17 A discussion of the philosophy and worldview related to this...<br>79/118 <font color=red>aaa</font> 09-06 02:50:08-09-06 02:50:16 Then, Zhao Changpeng and the management team had a very shor...<br>80/118 <font color=red></font> 09-06 02:50:10-09-06 02:50:16 I decided to participate in this privatization by investing ...<br>81/118 <font color=red></font> 09-06 02:50:07-09-06 02:50:16 Well,<br>82/118 <font color=red>hp</font> 09-06 02:50:11-09-06 02:50:16 He quickly really transferred the five million dollars to Mu...<br>83/118 <font color=red>n</font> 09-06 02:50:12-09-06 02:50:16 And it was a long and arduous journey.<br>84/118 <font color=red>de</font> 09-06 02:50:14-09-06 02:50:28 Due to their involvement in the privatization of Twitter,<br>85/118 <font color=red></font> 09-06 02:50:16-09-06 02:50:28 Now, it has naturally become a stock of SpaceX, which is a t...<br>86/118 <font color=red></font> 09-06 02:50:18-09-06 02:50:28 This episode actually reflects Zhao Changpeng's strategic th...<br>87/118 <font color=red>bg</font> 09-06 02:50:19-09-06 02:50:28 Therefore, because cryptocurrencies are a niche thing,<br>88/118 <font color=red></font> 09-06 02:59:37-09-06 02:59:46 At the same time, they also suffered from many prejudices.<br>89/118 <font color=red></font> 09-06 02:50:23-09-06 02:50:28 So he needs a world that is accessible to real people.<br>90/118 <font color=red></font> 09-06 02:50:29-09-06 02:50:40 A place where the values of the physical world can be expres...<br>91/118 <font color=red>hp</font> 09-06 02:50:26-09-06 02:50:28 So, he was involved in the privatization of Twitter.<br>92/118 <font color=red>xss</font> 09-06 02:50:28-09-06 02:50:40 This is his strategic layout.<br>93/118 <font color=red>de</font> 09-06 02:51:15-09-06 02:51:27 Not just a simple financial investment thinking.<br>94/118 <font color=red>n</font> 09-06 02:50:25-09-06 02:50:28 Okay,<br>95/118 <font color=red>bg</font> 09-06 02:50:30-09-06 02:50:40 Okay,<br>96/118 <font color=red>aaa</font> 09-06 02:50:32-09-06 02:50:40 At the peak of his life,<br>97/118 <font color=red>hp</font> 09-06 02:50:37-09-06 02:50:40 In 2023, the U.S. Department of Justice and SEC jointly laun...<br>98/118 <font color=red>de</font> 09-06 02:50:33-09-06 02:50:40 So, in the second half of 2023 and early 2024,<br>99/118 <font color=red></font> 09-06 02:50:36-09-06 02:50:40 He reached a settlement with the American authorities.<br>100/118 <font color=red>n</font> 09-06 02:50:39-09-06 02:50:40 They reached a settlement for 430 million US dollars, plus a...<br>101/118 <font color=red></font> 09-06 02:50:40-09-06 02:50:54 But even though a reconciliation has been reached,<br>102/118 <font color=red>aaa</font> 09-06 02:50:46-09-06 02:50:54 The American authorities still sentenced him to four months ...<br>103/118 <font color=red>bg</font> 09-06 02:50:42-09-06 02:50:54 He actually expressed extreme dissatisfaction and injustice ...<br>104/118 <font color=red></font> 09-06 02:50:47-09-06 02:50:54 Um,<br>105/118 <font color=red>n</font> 09-06 02:50:48-09-06 02:50:54 The American authorities believe that he has not met the req...<br>106/118 <font color=red>hp</font> 09-06 02:50:51-09-06 02:50:54 He was not satisfied.<br>107/118 <font color=red>xss</font> 09-06 02:50:53-09-06 02:51:05 These are some of the US regulations and compliance measures...<br>108/118 <font color=red>de</font> 09-06 02:50:54-09-06 02:51:05 However, from what he states in his own book,<br>109/118 <font color=red>aaa</font> 09-06 02:52:14-09-06 02:52:17 That is, I am just facing an economic problem.<br>110/118 <font color=red>bg</font> 09-06 02:50:55-09-06 02:51:05 It shouldn't be used to determine criminal liability.<br>111/118 <font color=red></font> 09-06 02:50:57-09-06 02:51:05 Is it right?<br>112/118 <font color=red>aaa</font> 09-06 02:50:58-09-06 02:51:05 Suddenly, he was arrested.<br>113/118 <font color=red></font> 09-06 02:51:00-09-06 02:51:05 To build up your mental strength,<br>114/118 <font color=red>hp</font> 09-06 02:51:02-09-06 02:51:05 So he went to the market to hire consultants.<br>115/118 <font color=red>aaa</font> 09-06 02:51:11-09-06 02:51:16 I'd like to give some advice from someone who has been in th...<br>116/118 <font color=red>n</font> 09-06 02:51:04-09-06 02:51:05 I found someone named Michael.<br>117/118 <font color=red>bg</font> 09-06 02:51:06-09-06 02:51:16 This person is the same as Zhao Zhaolong,<br>118/118 <font color=red></font> 09-06 02:51:05-09-06 02:51:16 All are legendary.<br>