Will Binance come over to the light side?

“The luke skywalkerftxsbfczsbfczcz ftxsbf cz czftx and the Darth Vader of crypto.” That is how Michael Lewis, author of “Going Infinite”, a recent book about the rise and fall of Sam Bankman-Fried, founder of , a now-bankrupt crypto exchange, is supposed to have described the intense rivalry between his subject and Changpeng Zhao (pictured), the boss of Binance, a rival firm.Until Mr Bankman-Fried’s exchange collapsed with an $8bn hole in its balance-sheet, the analogy seemed apt. The two men controlled the two largest crypto exchanges in the world. Both were known by acronyms: “” and “”. Young, talented and seemingly in favour of playing nice with regulators, was something of a wunderkind, and was his shadowy foil. Keen to avoid being pinned down by national laws, his exchange was based “nowhere”. Binance had long been under investigation for possible money-laundering and criminal-sanctions violations by America’s justice department. had invested in before the two turned on each other. Then publicly goaded about his legal problems, and a tweet by probably helped set off the run on .