KuCoin CEO shouts' compliance builds trust 'but gets slapped by ZachXBT: You ignore law enforcement requests

KuCoin CEO BC Wong stated that he discussed the development of RWA and stablecoins with multiple founders. He emphasized that building trust relies on rules and regulations, and cited BCG's prediction that by 2030, the scale of tokenized RWAs may reach $16 trillion. But he pointed out that if the infrastructure such as stablecoins is not stable enough, this potential may not be realized. At the same time, he believes that the industry is still in its early stages and needs to be developed in the right way. However, on chain detective ZachXBT questioned this, stating that KuCoin had repeatedly ignored formal requests from law enforcement agencies and did not take freezing measures when stolen funds were transferred to its exchange in major incidents, questioning its statement of "building trust through compliance".