Patrick Dai graduated from Draper University and worked at Alibaba while pursuing a doctoral degree from the Chinese Academy of Sciences. He abandoned pursuing his doctoral degree to work in the blockchain industry and has been involved with blockchain technology for a few years now. In 2014, he was an investor in the BitBay project and helped with fundraising and marketing in China. He has since been accused of being a scammer by David Zimbeck, BitBay's lead developer. I elaborate further in the Project Concerns section but to summarize, he's accused of scamming the BitBay team and then changing his name from Steven to Patrick. Patrick has since refuted the accusations and publicized his side of the story.