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Changpeng Zhao Says No Comeback to Binance Despite Donald Trump Pardon
Last Updated: January 26, 2026
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Key Takeaways
- Changpeng Zhao confirmed he will not return to Binance, even after receiving a full pardon from the US President Donald Trump;
- Zhao said the pardon removes all restrictions but added that he prefers to stay out and let new leaders drive Binance’s growth;
- He praised Binance’s progress under its current CEOs by saying the company is thriving without his involvement.
Changpeng Zhao, the co-founder of Binance
In an interview with CNBC’s Squawk Box, Zhao said the pardon lifts all previous restrictions against him.
He noted that “the former restrictions are completely lifted". Still, he made it clear that he does not intend to return to Binance.
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Zhao said, "I haven't really needed to go back. I didn't really want to. I thought it was a pretty good way for me to step down, away from Binance after seven years".
He admitted that leaving was difficult at first, but said the break eventually felt right. He explained, “At the time, it was very painful. I didn't like it. But after, you get used to it. I don't think it's good for me to go back. I think we should leave room for other strong leaders to grow".
Zhao mentioned that Binance has continued to perform well since his departure. According to him, the exchange has been guided by “two capable CEOs” and does not need his input.
He said, “I just thought, look; they don't need a backseat driver today. I'm still a shareholder", and added that he currently plays a minimal role.
Recently, Zhao spoke at a World Economic Forum session in Davos, Switzerland, about asset tokenization. What did he say? Read the full story.
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