CZ: YZiLabs has not sought any external investors, and FT reported completely false news.

On September 24, CZ clarified on social media that "The Financial Times published completely false news, filled with errors/fabricated information and negative narratives. As far as I know: · YZiLabs has not raised any external financing. · There has been no demo whatsoever. A fund wants to demo? What the hell is that? · YZiLabs has never had any roadshow materials, nor have we ever prepared any. · Since the brand revamp, YZiLabs has not sought any external investors. No requests, no discussions. · There have been no demos, nor any communication with YZiLabs or Chairman Paul Atkins who contacted me. I have great respect for Chairman Atkins, but this is solely based on the public information I have seen. YZiLabs operates independently. Contrary to what FT said, YZiLabs was not "spun off" from a CEX. I admit to having violated the BSA (Bank Secrecy Act) once by failing to maintain a sufficient AML program, but this is completely different from the "money laundering" violations claimed by FT. "Failure to regulate" does not equal "theft." These are two entirely different concepts that traditional media always deliberately confuses. FT has long tried to arrange a lunch interview with me, promising positive coverage. I almost agreed last week, but ultimately got too busy at the last minute, so Ella had lunch with them first, and the result turned into what it is now."