CZ: Aster DEX Shell Sparks Compliance Scrutiny
CZ promotes Aster DEX that copies HyperliquidX model with Binance team overlap, raising questions on regulatory compliance after his own warnings.
SourceAnalysis
CZ promoted Aster DEX multiple times even after stating full awareness of legal risks tied to non-KYC models like HyperliquidX. The new platform reportedly shares team members and resources with the Binance ecosystem while replicating the same decentralized perpetuals structure. Observers question whether the shell entity truly separates incentives or simply sidesteps direct accountability.
Star
@star_okxFounder & CEO of OKX (since 2013).