PANews reported on February 1st that Dragonfly's Managing Partner, Haseeb, took to X to observe how CZ's public perception underwent a dramatic transformation within mere months—shifting from a hero's welcome upon his prison release to being cast by some as a villain on par with SBF. He found both extremes ridiculous yet utterly fascinating. In response, CZ dismissed both viewpoints as absurd. He explained that his release on charges involving no fraud or victims, coinciding with governmental crackdowns on crypto, naturally garnered public sympathy. However, sentiment shifted once government support for crypto emerged, yet Bitcoin failed to reach fresh all-time highs—despite trading significantly higher than 18 months prior. CZ suggested this fluctuation might simply mirror the psychological divide between bull and bear markets, though he acknowledged this was merely a broad generalization while vowing to continue pushing forward.
PANews reported on February 1st that Haseeb, Managing Partner of Dragonfly, stated on the X platform, "CZ's public image has completely reversed in just a few months. CZ received a hero's welcome upon his release from prison. Now the public seems to see him as an SBF-level villain. To be honest, both perspectives are absurd. But in any case, it's quite interesting."
In response, CZ stated, "Both of these viewpoints are absurd. Perhaps it's like this: when you're released from prison on a 'no fraud, no victim' charge, and the entire crypto industry is under attack from government 'crackdown on cryptocurrencies,' people will sympathize with you; but now, the government supports cryptocurrencies, yet Bitcoin hasn't reached a new all-time high (although Bitcoin's price is still much higher than it was a year and a half ago). Or, to put it more simply, this might just be the difference between a bull market and a bear market. Of course, this is just a generalization. In any case, we will continue our efforts."
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