Well we knew SBF was a criminal as soon as his claimed bankruptcy last November. But nobody would of expected CZ to actually be charged with all this.
His exchange was actually fairly honest and never scammed or defrauded individuals. This is why it was a shock to many and many are saying is was blackrock that claimed this needs to happen for the bitcoin etf to get approved. Binance just was way too big and they want the market share to separate.
I was marveled when I saw the news. Matter of fact, when I was told, I thought it was a lie and probably just some fake news for maybe market manipulation (At least we can agree that Binance news can cause market manipulation). But the truth is that just because you didn’t expect something doesn’t mean it can’t happen. We all feel empathy for him because we’ve always seen him as a simple and sincere person. However, he has man it up and agreed to face the consequences as he should. Life moves on.