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CZ's Untold Story: The Rise, Fall, and Redemption of Binance's Founder

Shownote

(0:00) From China to Canada (6:13) CZ's Early Career: Shockingly Normal (17:39) First Company in Shanghai (23:08) Discovering Bitcoin (30:11) Going All-In on Crypto (41:27) Founding Binance (1:03:57) The FTX Story: SBF Relationship and Collapse (1:0...

Highlights

In this candid and reflective conversation, CZ shares his personal and professional evolution—from childhood immigration to Canada, through a conventional finance and tech career in Tokyo and New York, to an unexpected pivot into cryptocurrency that reshaped global financial infrastructure.
04:49
The speaker got their first job flipping burgers on their 14th birthday.
06:18
Mike Fisher, a boss at Waterloo, paid off their $32,000 student debt
20:21
By 2013, the speaker was a salary-earning junior partner with kids in private school when friends introduced them to Bitcoin
25:14
Bobby Lee, quitting Walmart to join BTC China, advised putting 10% of net worth into Bitcoin
37:58
Pivoted from building an exchange to licensing exchange software after investor feedback
59:32
First U.S. law enforcement collaboration request following EtherDelta hack
1:03:57
SBF badmouthed the speaker and FTX poached their VIP account manager after the JV deal
1:14:38
The final charge was solely about registration failure—not money laundering or AML violations
1:38:42
Without a pardon, Binance's entry into the U.S. is severely limited
1:40:12
A single app can deliver free education to 1.2 billion uneducated people using existing technology

Chapters

From China to Canada
00:00
CZ’s Early Career: Shockingly Normal
06:13
First Company in Shanghai
17:39
Discovering Bitcoin
23:08
Going All-In on Crypto
30:11
Founding Binance
41:27
The FTX Story: SBF Relationship and Collapse
1:03:57
Facing Biden’s Anti-Crypto DOJ
1:09:46
Inside Federal Prison
1:25:25
Life After Binance and New Ventures
1:40:10

Transcript

Chamath Palihapitiya: CZ, welcome to the All-In Podcast. Changpeng Zhao: Thanks for having me here. Chamath Palihapitiya: It's really, really great to see you. Changpeng Zhao: It's a pleasure. Chamath Palihapitiya: I want to Going All-In on Crypto back...