It also details an early investment relationship with Sam Bankman-Fried, the disgraced founder of failed crypto exchange FTX, that went awry when FTX began poaching Binance’s employees and trying to lure its biggest clients. Gensler later asked Zhao to record a video interview for a class he taught at Massachusetts Institute of Technology. Gensler didn’t immediately respond to a Bloomberg email seeking commentBankman-Fried secured an investment from Binance, then allegedly poached a VIP client manager. He began writing the memoir on prison computers available in 15-minute increments. In prison, Zhao recalls sharing a cell with a double murderer who snored at night.

Source: The Edge Markets April 08, 2026 02:26 UTC