Is CZ lying to the public again?
As he said, he is fully aware of the legal and regulatory risks. Yet a shell called
@Aster_DEX was created that appears to copy the
@HyperliquidX model almost exactly.
Aster reportedly shares significant resources with the Binance ecosystem, including team members. CZ himself has promoted Aster multiple times.
Maybe creating a separate shell is their way to be “compliant.”
The real question is: if the business model, resources, people, and incentives are largely the same, how different is it really?