CZ: Li Lin's detention was due to Xu Mingxing reporting him to the police.

In his autobiography, *Binance Life*, CZ recalled the details of Xu Mingxing and Li Lin's detentions in 2020, stating: "On October 16, 2020, OKCoin suddenly announced an indefinite suspension of withdrawals… Rumors circulated that Chinese police had placed Xu Mingxing under 'soft detention,' keeping him in a hotel and cutting him off from outside contact… Everyone feared the police would use user funds, causing panic in the Chinese market. Five weeks later, on November 26, 2020, Xu Mingxing was released from 'soft detention,' and OKCoin resumed withdrawal services… Two days after Xu Mingxing's release, on November 28, 2020, Huobi founder Li Lin and 17 other executives were arrested by police at one of their public VIP events… Li Lin had been 'soft detained' for 90 days. After his release, he decided to leave the industry and put Huobi up for sale. Binance was asked if they were willing to take over, but we declined. Ultimately, Li Lin sold Huobi to Justin Sun." “Five years later, at a dinner in 2025, I met Li Lin again after 11 years. Li Lin told me that he had seen a screenshot showing that Xu Mingxing had personally reported him to the Chinese police, and it was this report that led to his arrest.”