Zhao Changpeng: Acquiring small and medium exchanges has high security risks; the acquisition is still possible but more complicated

Binance founder CZ responded to the question "Why not acquire smaller CEXs" by stating that acquiring centralized exchanges is different from other businesses. Once a hack occurs after the acquisition, it is difficult to determine whether it is a backdoor left by the previous team or a new issue, thus the security and compliance risks are higher. He emphasized that acquiring CEXs is still possible, but the due diligence and risk control processes are more complex.