There are so many versions of this story that I can't tell who the director is. In just a few days, there have been many reversals. Market sentiment also reversed back and forth. My point of view is: 1. This is pure business competition. There are no good people, and everyone has the best interests. 2 Centralized exchanges do evil, are not transparent, and have no trust. It goes against the essence of Bitcoin. 3 No matter who wins, it is a necessary stage for the digital currency market. 4 Does government regulation matter? Or is it truly decentralized? This question is extremely important. 5Beliefs were broken, investment institutions were shuffled, the world's second-ranked exchange failed, and entered bankruptcy liquidation procedures. The reason was just a few tweets from KOLs?