[CZ: Li Lin's Detention Back Then Was Reportedly Due to Xu Mingxing Reporting Him to the Police] Odaily Planet Daily News - CZ recalls the details of Xu Mingxing and Li Lin's detentions in 2020 in his autobiography *Binance Life*, stating: 'On October 16, 2020, OKCoin suddenly announced an indefinite suspension of withdrawals... Rumors spread that Chinese police had placed Xu Mingxing under "soft detention," confining him in a hotel and cutting off his external communications... Everyone was worried that the police might use user funds, causing widespread panic in the Chinese market. Exactly 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 senior executives were taken away by the police during one of their public VIP events... Li Lin was placed under "soft detention" for 90 days. After his release, he decided to exit the industry and put Huobi up for sale. Binance was asked if we were interested in taking over, but we politely declined. In the end, 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. It was this report that led to his arrest.'