Zhao Changpeng: The world is inherently unfair; Bank of America's violations were far more serious, yet it was only fined $1.2 billion.

In an interview with PIVOT, Changpeng Zhao stated that the voluntary plea was to avoid evading the issue. He explained that Binance's violations only involved registration-related issues, with no fraud and that users were protected. Zhao pointed out that Bank of America's violations were more serious, yet it was only fined $1.2 billion and not prosecuted. He added that the world is inherently unfair, and he is no longer dwelling on that, but will focus on moving forward.