Entrepreneur/ Respiratory Therapist / Software Developer
Joined March 2021
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DSaintEvil retweeted
This is who we're playing against.
@cz_binance is the biggest scammer in history.
DSaintEvil retweeted
5 years of pain.
0 years of gains.
RIP altcoin holders.
This is not a memecoin.
This is $DOT, a coin which once was the 4th largest cryptocurrency.
Now, it is down ~98% from its peak in 2021.
What happened?
DSaintEvil retweeted
🚨 LATEST: UK crypto investors sue Binance and founder CZ for £150M, alleging the exchange sold unauthorized risky derivatives to nearly 1,700 retail traders, FT reports.
DSaintEvil retweeted
So will the UK FCA, the MAS in Singapore, and the EU’s ESMA invite Binance back? Or will they allow Binance to acquire a licensed company and bypass the same level of regulatory scrutiny, as it did in Japan?
Safeguarding customer funds is not something to boast about every day. It is a basic requirement for any platform.
Regulatory arbitrage and intentionally ignoring laws and regulations are new dangerous FTX patterns that can create serious harm for the industry and customers, as we saw on October 11, when millions of users globally lose billions of dollars just because of one company’s failure of risk control.
CZ on Binance's regulatory scars and Why he's not worried
🇯🇵 Japan banned Binance in 2018.
By 2023, Binance had a full license and SoftBank as a shareholder.
🇸🇬 Singapore forced Binance out in 2021.
Users fled to FTX. We all know how that ended.
🇪🇺 On Europe: "It's a loss for Binance. It's also a loss for Europe. It's a lose-lose situation."
Binance is the most scrutinized Exchange in crypto and also one of the most compliant.
Get banned. Get compliant. Get invited back.
History says Binance has done this before.
Pressure today. Licenses tomorrow. That's the Binance pattern.
@cz_binance @heyibinance @_RichardTeng @cz_binance
DSaintEvil retweeted
Binance and founder sued by crypto investors in London lawsuit ft.trib.al/kl42WNL
DSaintEvil retweeted
CZ keeps misleading the public by claiming I’m jealous of him.
Jealous of what? His jail time as a convicted criminal? Or October 11, when millions of crypto users were liquidated and billions of dollars were wiped out, pushing the entire industry into a crypto winter? Or his tolerance of compliance violations and firing members of his own compliance team because they investigated accounts labeled as internal?
I’m not jealous of him. I’m ashamed of him.
I almost forgot his unethical conduct during the OKCoin days. Yet he mentioned me almost 10 times in his book which is full of bullshits, repeating false claims and misrepresenting the facts.
I have no interest in wasting my time revisiting those old events or digging through the evidence. But if he believes it’s necessary, I’m more than happy to go through the facts, present the evidence, and discuss it publicly with the media.
DSaintEvil retweeted
What a huge loss? A loss for whom—European regulators or the people of Europe? What exactly did Europeans lose? Another October 11?
According to public reports, the company failed to demonstrate that its AML, sanctions compliance, and market integrity programs are effective, and did not obtain a license. Yet instead of reflecting on those issues, it claims that Europe is the loser.
That says a great deal about the company’s attitude toward the rule of law and financial regulation.
🔥CZ: BINANCE’S EU MICA FAILURE IS A “LOSS FOR EUROPE”
CZ claims Binance was once told by EU regulators that its MiCA application was "fully compliant" and close to approval.
He says two EU countries wanted Binance badly enough that there was a “bidding war” over where the exchange would be licensed.
However, “other forces” pushed back, forcing Binance to withdraw.
“It’s a loss for Binance. It’s also a loss for Europe.”
DSaintEvil retweeted
CZ said Binance offers "the best liquidity in the world" for consumer protection. He's right. But let's talk about WHERE that liquidity comes from.
It comes from retail getting rekt on Binance Launchpad.
Since 2019, Binance has launched 60+ projects. The narrative is always the same: Binance vets the project, lists it at launch, and retail piles in. Binance becomes the gatekeeper of "credibility." But here's the part CZ doesn't mention.
The Lazio Fan Token (LAZIO) launched October 2021 at $1.00 on Binance Launchpad. Private investors got in at $0.10. Binance announced it. Retail FOMO'd. Price hit $26.75 in 48 hours. Retail thought they were early to something Binance blessed.
Fast forward to today. LAZIO trades at $0.65. That's a 97.5% loss from the peak. Retail never stood a chance.
Alpine F1 Team (ALPINE)? Same blueprint. Launched Feb 2022 at $1.00. ATH $11.29. Current price: $0.42. Down 96%. The token was delisted from Bitget in Feb 2026 due to zero trading volume just dead weight.
But here's where it gets darker. Binance Launchpad isn't a bug. It's the business model.
1) Binance identifies a hype narrative (sports fan tokens, move-to-earn, etc)
2) Binance vets the project (gives it institutional credibility)
3) Private/VC investors get massive allocations at $0.001-$0.10
4) Launchpad subscription creates artificial scarcity ("hard cap" per user)
5) Retail buys at $1.00 thinking Binance wouldn't list garbage
6) Token pumps 10-100x in first week (retail euphoria)
7) Vesting schedule unlocks over 12 months (insiders exit)
8) Token declines 90-99% over next 24 months (retail holds bags)
9) Binance collected trading fees on every step of the decline
The liquidity CZ brags about? It's built on retail extraction.
Let's look at the pattern across Launchpad:
- STEPN (GMT): Launched at $0.01, peaked at $4.11 (411x), now bleeding lower
- Open Campus (EDU): 33x peak, now declining
- Space ID (ID): 41x peak, now sliding
- Hooked Protocol (HOOK): 41x peak, lost 90%+ since ATH
- Arkham (ARKM): Only 16x at peak in 2023 (falling returns as the grift gets known)
Notice the trend? Earlier projects had bigger peaks (because retail still believed). Recent ones are smaller. Why? Because the market is learning that Binance Launchpad = slow-motion rug pull.
But retail is trapped. Binance has 100M+ users. Binance has regulatory licenses. Binance is THE credibility anchor. When Binance lists something, retail thinks "this must be vetted, this must be safe." It's not. It's the opposite.
The vetting isn't for retail protection. It's for Binance's protection. Binance ensures the project won't implode in week 1 (that would hurt Binance's brand). But they don't care if it implodes in month 12. The damage is already extracted.
Here's what "consumer protection" actually means in the Binance universe:
- Deep liquidity pools (so Binance profits from every trade)
- IEO credibility (so retail trusts the listing)
- Vesting schedules published (so insiders can front-run the dumps)
- No accountability for post-launch performance (so Binance faces zero liability)
Retail thinks liquidity = safety. It's the opposite. High liquidity on a scarcity pump = maximum extraction efficiency.
Compare Binance Launchpad to actual consumer protection:
- SEC-regulated IPOs: Lock-up periods for insiders are EQUAL to retail
- Traditional venture: Downside protection, governance rights, legal recourse
- Binance Launchpad: Insiders get $0.10 pricing, retail gets $1.00, both tokens identical = wealth transfer complete
The 60+ projects Binance has launched since 2019 represent billions in retail wealth extraction. LAZIO alone = $26.75 ATH on a $1.00 launch = $26.75B market cap at peak. The fact it's now $0.65 doesn't erase the fact that retail lost 97% while Binance kept the trading fees.
CZ's statement about "the best liquidity in the world" is technically true. But it's like bragging about having the best highway system while running tolls that siphon wealth from drivers. The liquidity exists to serve extraction, not protection.
The real consumer protection would be:
- Identical vesting schedules for all token holders (no insiders first)
- Binding lock-up periods (prove you believe in your own project)
- Performance clawback clauses (if the token dumps 90%, insiders pay retail back)
- Regulatory disclosure (project financials, insider allocations, exit plans)
Binance offers none of this. Because that would kill the model. The model is:
- Build hype through Binance credibility
- Capture retail FOMO
- Execute insider exit
- Repeat
Liquidity is the tool. Extraction is the goal.
So when CZ says Binance offers "the best consumer protection," what he means is: Binance offers the most efficient wealth extraction vehicle the crypto world has ever seen. And the liquidity is so good, retail can watch their investment die in real-time on every refresh.
That's not protection. That's the grift, just wrapped in institutional packaging.
The Lazio Token didn't fail because it was a bad project. It failed because the Binance Launchpad model requires failure. Insiders need to exit. Retail needs to hold bags. Binance needs trading volume on the decline. The ecosystem needs constant new projects to pump and dump because the old ones are dead.
It's a machine. And it's working exactly as designed.
Binance isn't protecting users from bad liquidity. Binance is using liquidity to protect itself from accountability.
DSaintEvil retweeted
Because on October 10th, people liquidated over 50b and almost 500m liquidation every day, so technically this could be true; you're stealing everyone's money.
DSaintEvil retweeted
Coinbase has been MiCA licensed since 2025 and offers unified global liquidity across spot and derivatives.
Our Advanced Trade product has improved substantially over the past year. If you haven't tried it lately come check it out again.
We're offering a 5% transfer bonus for people moving funds to Coinbase before July 13th - see below for details.
FT: Binance to Stop Serving EU Clients Next Week After Failing to Obtain MiCA Licence
According to FT, Binance has notified EU clients that it will stop providing services to them from next week after failing to obtain a MiCA licence. From July 1, crypto companies operating in the EU must hold a MiCA licence or risk penalties. Binance’s application for a bloc-wide licence in Greece was rejected last week, and it now plans to apply through France. Customers in Poland, Italy, Spain and France have received withdrawal instructions. Binance said some users may be affected before July 1, but it is not asking users to withdraw funds by then, adding that user assets remain safe and secure.
DSaintEvil retweeted
As I have predicted before, I believe this illustrates Binance’s regulatory arbitrage strategy.
Based on public information, Binance, as an unauthorized CASP, appears to have continued operating in most EU Member States despite the implementation of MiCA and public statements from ESMA. In my view, this reflects a willingness to prioritize business growth while regulatory expectations were evolving.
The broader question is whether any EU Member State would be comfortable processing or approving a MiCA application from a firm that appears to have intentionally disregarded MiCA requirements after the end of the transition period.
It also highlights a broader challenge for European regulation: rules are only effective when they are applied consistently, fairly, and uniformly across all market participants.
JUST IN: NOT ALL the residents of the EU will have their account restricted on @binance after 1st of July.
Only those residing in a jurisdiction where Binance is providing services through a local registered entity, like in France, Italy, Spain, Poland, Belgium or Sweden.
THE REST of the countries should be ok for now, at least according to their customer support.
DSaintEvil retweeted
This is Binance’s philosophy of doing business. They ignore laws and regulations, while misleading the public with bullshits.
According to public media reports and court filings, the platform’s so-called “best liquidity” included trading activity associated with risks involving money laundering, sanctions violations, and market manipulation.
🚨 CZ says EU users are being cut off from the world’s best liquidity, calling liquidity “the best consumer protection.” 🇪🇺👀
#CZ #Binance #Crypto #EU #CryptoNews
DSaintEvil retweeted
Transparency and credibility is one of the most valuable assets in financial services.
Many companies, including OKX, work with influencers and creators. There is nothing wrong with paid partnerships—as long as opinions remain authentic and facts remain accurate.
This is another example of Binance attempting to shape the social media narrative. After October 11, we saw the same pattern: many voices insisted the market crash had nothing to do with Binance, even though Binance said it had paid hundreds of millions of dollars in compensation.
In financial services, credibility is built on transparency, not on controlling the narrative.
The only people downplaying the “FUD around @binance are the ones with a paid partnership 😅
I wasn’t against Binance when Greece rejected their MiCA application.
I became critical because of how poorly they’ve handled communication over the last few weeks.
A simple, honest statement would have been:
“We got rejected in Greece🇬🇷. We messed up by applying in a country that has issued zero MiCA licences so far. We’ve learned from it. We are now applying in a Member State with real MiCA experience.
Until that licence is approved, we will not offer crypto services in the EU. Your funds are 100% safe in the meantime. We ask for your patience and promise to resolve this as quickly as possible.”
Transparency like that would have avoided most of the panic...
DSaintEvil retweeted
Let’s see how Binance plays the regulatory arbitrage game again. We saw a similar playbook in the UK in 2022, when its efforts ultimately ran into resistance from the FCA. fca.org.uk/news/press-releas…
In my view, the challenge is not about obtaining a license in one jurisdiction or hiring thousands of compliance professionals. The real question is whether compliance is genuinely embedded in the organization’s culture and decision-making.
A company can hire 15,000 compliance staff, but if compliance teams lack authority, have limited visibility into key activities, are removed when raising sanctions, AML, or market integrity concerns, or if the organization believes it can rely on political protection, regulatory arbitrage, and complex structures to stay ahead of scrutiny, compliance programs risk becoming paper exercises rather than effective controls.
Real compliance effectiveness comes from governance, transparency, accountability, and a willingness to operate within both the letter and the spirit of regulation—not from headcount alone.
Regulators are ultimately evaluating outcomes, not organizational charts.
reuters.com/business/finance…
🚨 JUST IN: BINANCE REFUSES TO GIVE UP ON EUROPE
A failed licensing bid has put pressure on its EU operations, but Binance says it's already looking for a new path forward.
The next week could be crucial.
More updates → coinedition.com/news/crypto-…
DSaintEvil retweeted
Stop praising SBF for his investments.
He invested with stolen funds in every deal that came across his desk. Zero risk, playing with stolen money and an endless piggy bank to steal more.
Zero skill, just fraud.
teapawt.net/i/status/2047364218203…
Sam Bankman-Fried is being praised for investments ... but should he be?
@scottmelker explains:
DSaintEvil retweeted
Exclusive: The Justice Department is investigating Iran’s use of Binance to evade U.S. sanctions on.wsj.com/4bgGB7E
DSaintEvil retweeted
Somehow CZ is even richer than what Binance is worth
Probably because he uses his users funds against them, liquidates them, takes the money for himself without giving anything back
CZ REALLY IS THE ABSOLUTE GOAT OF ALL SCAMMERS.
SCAMMERS ALL ACROSS THE WORLD LOOKING UP TO HIM
A year and a half ago, Changpeng Zhao was just getting out of jail. Now, crypto’s richest mogul has ridden a rebound in Binance’s valuation—and friends in high places—to his highest net worth ever.
Here's where CZ ranks on the #ForbesBillionaires list: forbes.com/sites/ninabambysh… (📸: Krisztian Bocsi via Bloomberg)
