Svmuu News CZ recalls the details of the successive detentions of Star Xu and Li Lin in 2020 in his personal autobiography "Binance Life," stating: "On October 16, 2020, OKCoin suddenly announced an indefinite suspension of withdrawals... Rumors spread that Chinese police had placed Star Xu under 'soft detention,' confining him to a hotel and cutting off his external communication... There were concerns that the police might seize user funds, causing widespread panic in the Chinese market. After a full five weeks, on November 26, 2020, Star Xu was released from 'soft detention,' and OKCoin resumed withdrawal services... Two days after Star Xu's release, on November 28, 2020, Huobi founder Li Lin and 17 other executives were taken away by police during a public VIP event... Li Lin was placed under 'soft detention' for 90 days. After his release, he decided to exit the industry and put Huobi up for sale. Binance was asked if we were willing to take over, but we declined. In the end, Li Lin sold Huobi to Justin Sun."
"Five years later, at a dinner in 2025, I met Li Lin again after 11 years. Li Lin told me that he had seen a screenshot showing Star Xu personally reporting him to the Chinese police, and it was this report that led to his arrest."