Donald Trump’s pardon of Binance founder Changpeng “CZ” Zhao removed his remaining criminal exposure while leaving intact the more than $4.3 billion that Binance has already paid to U.S. agencies.
On X, CZ treated the idea of clawing that money back as hypothetical. He replied to a post about a refund with a “delicate question” quip and added that
“IF we get any refund, we will be investing that in America anyway.”
The line landed as a meme, although the underlying issue is concrete: whether a pro-crypto White House could unwind part of the largest enforcement package ever brought against a crypto exchange, and what it would take to do that in practice.
CZ suggested that the company hasn’t asked for a refund, but he isn’t sure, stating,
“Haven’t asked yet, I think