CZ Rejects Meme-Tied Golden Statue Gift

Binance founder Changpeng ‘CZ’ Zhao has turned down a golden statue tied to a meme coin and asks people not to buy it.

In other news, CZ is considering a libel lawsuit against Sen. Elizabeth Warren after comments about his plea deal.

There is still debate in the crypto world about whether he will return to Binance after his recent pardon.

CZ Rejects Golden Statue Offer Linked to Meme Coin

In a major development, CZ, the founder of Binance, says he does not want a statue made in his image.

A social media account promoting the statue asked for a shipping address and said the statue was ready to send.

He replied that he would never accept a statue of himself and asked people not to purchase the related meme coin.

CZ mentioned that the creator may be trying to earn money from his reaction online. In his post on X, CZ explained that he does not like items that display his own face.

He remembers a time when someone gave him a shirt with his face printed on it and expected him to wear it.

In his view, this kind of attention feels unnecessary and uncomfortable. His comments show that he does not enjoy personal praise or products that make him look self-important.

Beyond this, he also cautioned that the crypto community should be careful and aware of risky ideas. This message fits his long-time advice to “Stay safu,” which encourages users to avoid scams and protect their funds.

The Gold Statue Rejection | Source: CZ

Some market participants commented that his decision to speak out against the statue suggests that he wants to reduce confusion about what he supports.

Others argue that this approach also helps prevent new traders from thinking a project is official just because it uses his name.

Binance Founder CZ Looks at Possible Lawsuit Against Sen. Warren

In a separate update, there is also rising tension between CZ and Sen. Elizabeth Warren.

Per reports, he is weighing a libel lawsuit after the Senator shared a message that he believes misrepresented his legal case.

Her comments focused on his 2023 plea deal and the prison sentence that followed. He argues that her post made claims that were not correct and could harm his reputation.

His case related to violations of the Bank Secrecy Act at Binance. The government said the company did not have strong enough controls in place.

Still, there was no conviction for money laundering and Binance paid more than $4 billion in forfeitures under the settlement.

CZ agreed to pay a $50 million fine and resigned from the company to complete the settlement.

As mentioned in our previous news brief, President Trump recently pardoned CZ. The pardon started public debate around crypto oversight in the United States.

Warren sits on the Senate Banking Committee and has been vocal about the risks she sees in digital assets.

She believes looser rules could harm investors. The possible lawsuit would add a new chapter to the disagreement and could lead to further political discussion about accountability in the sector.

Speculation Grows About a Possible Return to Binance

The pardon created excitement among traders who follow Binance closely.

Activity on Polymarket showed rising bets that CZ could return to the company before the end of 2025.

At one point, the odds jumped to 82%, though they later fell to about 36% as reactions settled down. That change reflects the uncertainty surrounding his next move.

He thanked President Trump and said he wants to help support crypto progress in the United States.

Changpeng Zhao  also mentioned a new book project, which hints at new plans outside Binance.

Similarly, people noticed that he removed the phrase “ex Binance” from his profile page, adding to the speculation.

Nothing official has been announced about a comeback, and Binance still operates under Richard Teng’s leadership.

Even without a formal role, CZ continues to shape market sentiment, while steering the direction of digital asset conversations.

Investors will keep watching for any sign that he will take on a larger position in the future.

Source: https://www.thecoinrepublic.com/2025/10/29/cz-rejects-meme-tied-golden-statue-gift/