CZ retweeted @web3annie's tweet, publicly responding for the first time to his reasons for choosing to voluntarily go to prison in the US. He stated that when something goes wrong, one must take responsibility, and completely resolving the lawsuit is the best outcome for himself, Binance, $BNB holders, and the entire crypto industry. CZ said that he had obtained UAE citizenship six months before the incident, and there is no extradition treaty between the UAE and the US, but he was unwilling to use this as a shield. He also stated that he never expected to go to prison because the case only involved violations of the Bank Secrecy Act and no fraud, and previous similar cases at most resulted in fines or house arrest. CZ believes that at the time, the Biden administration was suppressing crypto, and Binance, as the world's largest non-US exchange, made him the most prominent target.