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"Principles over people," this isn't just talk. Ye Tianchen had killed the four brothers of the Silver Demon. Now, facing Li Xin, this mere ant, he naturally would not let him go either. Forgiving such a despicable person would only become a major concern later on; it's as simple as that.
Ye Tianchen ignored the advice of his father, Fan Xingyu, and his grandfather Ye Yuanshan, not because he dismissed the elder's opinions—they certainly had their reasons. Li Xin's family background was significant, especially Li Xin's grandfather, who was highly respected by the top leaders of the country. The Li family had only Li Xin as a grandson, the sole lineage. If Li Xin were killed, it would likely cause an uproar in the entire Li family, whose response would probably be even more intense than when Ye Tianchen had eradicated the Qin and Luo families.