Did James 'Jimmy' Zhong expose a $3 billion cryptocurrency fraud?
Could you please clarify for me, did James, also known as 'Jimmy' Zhong, actually reveal a cryptocurrency fraud worth a staggering $3 billion? If so, could you elaborate on the details of this revelation? Was there any evidence presented to support this claim? And how did the cryptocurrency community react to this news? I'm particularly interested in understanding the impact this fraud may have had on the broader crypto market and the steps taken, if any, to address this issue. Thank you for your assistance in clarifying this matter.