After divorce, I can hear the voice of the future

Chapter 502: He didn't know, so he stabbed himself
When a mining accident occurs, Binance will be the first to be hit.

Investors who opened accounts never imagined that everything was fine when they were long, but now they cannot raise chips when they want to short.

Because of the price crash, they have already suffered losses and now just want to turn to short positions to recover some of their losses.

As a result, they were not even given a chance. They could only watch as the price of Bitcoin continued to fall. Retail investors on other platforms were shorting to stop losses, but they were powerless to do anything.

"Zhao Changpeng, do I want to fuck you?"

“Where the hell does this person have the nerve to claim to be the No. 1 cryptocurrency trading platform in China?”

"If you don't have the skills, don't take on the job. It's just like the A-share market. You can only go long, not short."

The anger of cryptocurrency players reached its peak when Bitcoin fell below 15000 points.

Binance, along with its founder Zhao Changpeng, and the news of Bitcoin's mining disaster, all became hot searches.

The cryptocurrency circle is just a niche track. Once the news spread, it was ridiculed by stock investors, fund investors and spectators.

Each of them became a wise man after the event.
Rub salt into the wound and make sarcastic remarks.

“I’ve already said it, cryptocurrency is a scam.”

“Greedy people have no good ending. When the bubble bursts, you are thinking about the small profits, while others are thinking about the principal in your hands.”

"It has increased tenfold in three months, and now it's only at 15000. This is just the beginning. My friend, the best days are yet to come."

The large number of short selling orders made the head of Binance's short selling department extremely anxious, but when he saw Zhao Changpeng with a gloomy face, he swallowed the words back.

"How much money is left in the company's account?"

Zhao Changpeng suddenly asked, their situation was very dangerous, but not desperate, there was still a glimmer of hope.

The CFO replied: "There is another 5300 million dollars."

“Set aside 10 million dollars, no, 5 million dollars, and use the rest to buy Bitcoin.”

Zhao Changpeng is very clear that this wave of market correction caused by the news broadcast report is far from the bottom.

If you buy now, you may be able to catch the bottom halfway up the mountain.

But he has no choice but to let public opinion continue to ferment. Once Binance is labeled as the big A in the cryptocurrency circle, all previous efforts will be in vain.

Therefore, even though they know that buying Bitcoin and providing short selling services are bound to lose money, they still have to do it.

The head of the securities lending department said: "Mr. Zhao, this is not enough. The amount of securities lending required by the backend has exceeded 8000 bitcoins."

They only have more than a thousand bitcoins left. Even if they spend $4800 million to buy them at $15000, they can only buy 3200. Half of the short selling orders will still not be met.

"Let's solve part of it first."

Zhao Changpeng plans to seek help from New Horizons. The internationalization of Bitcoin requires the Dongda market to be indispensable, and he believes that they will not sit idly by and watch it happen.

Suddenly someone suggested: "Mr. Zhao, we can start with the key accounts and borrow some funds from him."

The platform got into trouble because it agreed to short sell for a key account. That account now has $4.1 million in liquid funds.

As long as he is allowed to redeem the Bitcoin and complete the delivery, all current difficulties will be solved.

Zhao Changpeng was speechless, looking at him as if he were a village idiot: "It's not even 10,000 points yet, do you think he will redeem it?"

In this wave of correction, if the price is just cut in half, it would be the best case scenario. Anyone with an IQ over 80 will not redeem it at more than points.

Someone else said, "Boss Zhao, it's better to offend one person than to offend tens of thousands of people. Boss Zhao, we don't have time anymore. We must respond."

Zhao Changpeng has been abroad for too long and has no idea what it means that the financial market of Dongda University has its own national conditions.

He has been in the country for decades and is well aware of the laws of Big A. If he cannot solve the problem, then he will first solve the people who created the problem.

Anyway, they are the platform and have the final right of interpretation.

They just find some small excuse to freeze the account first, take out the funds to put out the fire, and at most apologize afterwards. An international hot money of Chinese descent from Japan cannot make any waves.

Zhao Changpeng pondered, he was a little tempted.

After all, he made such a boast to Mr. Su at that time, and now asking New Horizons for help would only expose the fact that he acted on impulse.

Under normal circumstances, the 5000 bitcoins in reserve by the platform must never be used and are reserved specifically to deal with the current situation.

However, because he was not respected, he acted in a way that broke his principles.

Once the news reaches the ears of Blackstone Group, it will inevitably lower its overall assessment of him, and future support may not be as strong.

Zhao Changpeng suddenly asked: "By the way, which rule of our platform did that account violate?"

Since I'm going to adapt to the local customs, I might as well do it to the end and find someone to take the blame.

I got a promotion and a raise, and a promising future.
If that doesn't work, you can only let the other party down and take the blame.

The man who made the suggestion was stunned, and he dug a big hole to bury himself, but the arrow was on the string and had to be shot, so he could only bite the bullet and say: "The source of funds seems a little abnormal."

Zhao Changpeng nodded and said, "Then let's temporarily block the account. We are also doing this to protect the safety of our customers' funds."

"Yes, it's for his sake."

The two looked at each other, and everything was said without words.

At ten o'clock in the evening, Lu Liang was like a normal person, crossing his legs, smiling, watching the wealth rolling in. His task was completed, and the next task was handed over to Wen Chao, who would buy back at a low price below $10,000.

The profit tonight is at least over 15 billion US dollars, and the short-selling interest of million a day is not worth mentioning at all.

Repurchase quietly to minimize market impact and try to swallow the duck in your mouth, including the bones.

"Mr. Lu, it's still early, why don't we find a place to have a few drinks?" Ota Ling was beaming.

The correction has already begun, so the secret is no longer a secret, and his "illness" will be cured.

Lu Liang smiled and nodded, then said, "Mr. Ota, I'm really sorry for having troubled you during this period."

"Oh, no way."

Ota Ling waved his hands quickly, smiling, and looking savoring the moment: "I've long wanted to have a good rest for a few days. It feels so good without any phone calls."

Lu Liang laughed and agreed a little: "Things keep coming one after another. No matter how busy I am, it seems like I can never finish them. Sometimes, I do want to quit."

"Mr. Lu, if you are tired, you can take a few days off. Don't overdraw your body. You must take care of yourself."

Ota Rei's face was full of concern.

After tonight, the total size of assets managed by Xingheng Investment Club will officially exceed the 10 billion US dollar mark.

Whenever Lu Liang sneezed, he would gather the best medical team in the world to give him a thorough checkup.

Lu Liang was speechless when he suddenly received a call from Sun Yutao.

When he learned about the situation over there, he showed astonishment on his face: "Wait for me, I'll be there soon."

Lu Liang looked at Ota Ling, who said quickly, "Mr. Lu, go and do whatever you need. If you want to have a few drinks, I'll be there whenever you call."

Lu Liang left and went to the next door. Tai Tian Ling found Wen Chao and took back the communication equipment: "Mr. Wen, I have been very happy to get along with you these days. Thank you for your hospitality."

"President Ohta, you are too kind."

Wen Chao was all smiles, happy from the bottom of his heart.

These days, whenever he has time, he will stay in the company because he really doesn't want to be alone with Ota Rei.

In order to gain Boss Lu's trust, this old guy completely disregarded his life or death and even helped to watch him pee, which made him sick. But finally he was relieved.

Ota Ling laughed dryly a few times, knowing that he had caused a lot of trouble for Wen Chao, he thanked him again and walked out of the trading room.

After being out of contact for a few days and encountering a pullback in the Bitcoin market, it seems as if the board of directors of Sumitomo Mitsui has exploded.

Fortunately, he had already thought of a way to deal with it in advance. After tonight, the funding scale of the cooperation project with Xingheng and Hyundai Group should exceed 10 billion US dollars.

They are guaranteed to earn $30 billion in real money, which will help explain why he has been out of contact in the past few days.

A few minutes later, Lu Liang arrived at the next building.

“Is Zhao Changpeng a pig? How dare he block our account?”

Although it was words of blame, Lu Liang smiled with his eyes narrowed, his joy visible to the naked eye.

He wanted Binance to die, but knew that at most it would be a serious blow, but the other party suddenly stabbed him.

4.1 million US dollars, more than 27 billion RMB, how dare you embezzle such a huge amount of money and think you are a royal family?
To take a step back, even if they are from a noble family, if they want to embezzle this money, they must at least come up with a pretext and win over the wealthy.

Lu Liang was even skeptical. Was this something a human could come up with? Was he being treated as a little Karami, or was there no law in the country?

“Maybe he thinks we are Japanese-funded.”

Sun Yutao also laughed.

There is no worry about account funds being blocked.

Because Boss Lu said at the beginning that it doesn’t matter if all the money is lost, as long as Binance can be severely damaged, the loss will be worth it.

Now it is no longer a question of whether the injury is serious or not. If there is no reasonable explanation, Lu Liang will definitely send the other party to work on the sewing machine.

"Lao Sun, you must return home immediately and make preparations. See if there are any flights available. If not, take my plane. Don't let him get away."

Lu Liang was just worrying that he had no chance to take advantage of the situation, but Zhao Changpeng suddenly put his head under the guillotine. If he missed the opportunity, it would be a despicable waste.

Sun Yutao nodded, without packing the clothes left at the hotel, he took his briefcase and set off for Haneda Airport.

While walking, he contacted the domestic legal department and asked them to collect relevant information immediately, intending to sue Binance.

Lu Liang explained that it didn’t matter whether the money was returned or not, the most important thing was to freeze Binance’s assets.

Once the platform's funds are frozen, they are equivalent to being temporarily wiped out. Although Bitcoin is in a correction range, it is not like some markets where you can only buy but not short sell.

A pullback and decline is also a big market trend.

If Binance missed this wave of market, and Lu Liang made a few more appropriate calls, this platform would be 99% ruined.

After Sun Yutao left, Lu Liang called Xiao Wang.

He smiled and said, "Cong, your father will help you get a chance to show off, just tell me whether you want it or not?"

(End of this chapter)