Speaking at the 2022 Indonesia Fintech Summit, Changpeng Zhao (CZ), founder and CEO of Binance, once again talked about the FTX collapse, saying: "I think basically we have now gone back a few years. Regulators will of course scrutinize the industry more strictly, and honestly, this may be a good thing. The past three days have only exposed problems, but in fact the problems have existed for a longer time, and these problems were not caused in the last three days. Binance's original intention was to save users, but then the news that FTX misappropriated user funds, especially the investigation by US regulators (made us realize) that we can't touch it anymore." In addition, CZ responded to the community's call on Twitter that he was a whistleblower hero in the crypto industry and said that he really hoped that all this had not happened. (Cointelgraph)