‘The more damage you do now, the more jail time’: Binance’s Zhao warned FTX founder Sam Bankman-Fried in crypto group chat: report

‘The more damage you do now, the more jail time’: Binance’s Zhao warned FTX founder Sam Bankman-Fried in crypto group chat: report

Binance founder Changpeng Zhao sent a flurry of concerned texts to FTX founder Sam Bankman-Fried the day before the now collapsed crypto exchange filed for bankruptcy warning him that his trades could destabilize the industry, The New York Times reports on Friday.