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PBD Podcast

The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

PBD Podcast

PBD Podcast

Business

4.44.1K Ratings

🗓️ 12 May 2026

⏱️ 119 minutes

🧾️ Download transcript

Summary

Binance founder Changpeng “CZ” Zhao joins Patrick Bet-David to discuss Bitcoin, AI, crypto regulation, the Biden administration’s crackdown on crypto, Trump’s pardon, FTX, global business migration, and why the UAE became his home base for innovation and security.

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📕 CHANGPENG ZHAO'S "FREEDOM OF MONEY": https://bit.ly/4fb62Lq


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Transcript

Click on a timestamp to play from that location

0:00.0

President Trump gave me a pardon.

0:01.4

Who cares by getting a pardon?

0:02.4

I'm labeled as a felon. Finance founder sentenced four months in prison. You could tell they were interested in targeting a guy like you. The timing is coincidental. Today, U.S. is pro-cryptal. The White House pledge to make America the crypto capital of the world. You're not making friends with the Democratic Party. That's crazy. Your tweet was one of the reasons that caused them to go out. Don't think those were my exact words.

0:23.7

There it is. That's crazy. Your tweet was one of the reasons that caused them to go out.

0:22.2

Don't think those were my exact words.

0:23.8

There it is. That's the tweet. He was the biggest guy giving money to them. You just took that money away.

0:28.8

Sam, mini made off, arrested. Adam back is Satoshi Nakamoto. Do you think there's a chance that it's him?

0:34.6

Oh.

0:35.3

In their eyes, would China look at you as they made you? Because I look Chinese, part of the CCP or anything like that, that's completely false. You make it seem like anybody can start a company and get to $100 billion. I'm a normal guy. You're not a normal guy. I don't think I've ever said in a Lambo yet. Stop it. Guys worth $100 billion, give or take. Never been in a Lambo. Enjoy today's conversation with the one and only, C.C. Cici, great to have you on a podcast. Thank you for having me. I'm glad to be here. I told my guys, I said, listen, I noticed everybody was going on the cigar lunch to meet you. I said, you better not ask him for a loan. You better not go and see you want a donation or a loan from the sky. Because the first thing they found,

1:14.3

what's his net worth? Is he really worth $110 billion? That's the first thing people want to find out. And you're like, yeah, you know, he's a pretty rich guy. But it's funny. I got all these things I want to go through with you, with your story. I was telling you earlier how your story is a

1:27.3

movie. They could turn it into a movie at any time, and I hope it turns into a movie because

1:30.6

you've lived. I got all these things I want to go through with you, with your story. I was telling you earlier how your story is a movie.

1:27.6

They could turn it into a movie at any time, and I hope it turns into a movie because you've lived an interesting life. But did you flying from UAE? Yes. Okay. Is it true that you guys just got attacked or you got bombed yesterday by Iran at a couple oil facilities? I don't know where they're attacked, but as we were

1:44.4

leaving, they were missile alerts and the flight was on, off, on, off. When you were leaving.

1:50.1

When we were leaving. Yeah, so just on my way to the airport, like, no, the flight was off,

1:54.8

and then 20 minutes later, the missile warning was canceled, well, was resolved. It was on again,

2:00.1

and then it was off again and on again, and then, yeah, so that's how we fly. And we wait. So just before we were supposed to take off, there was off again. We said, well, let's just wait for 20 minutes. And it was, yeah, so we had a 20-minute window at the plane. What the pilots say? The pilots say, hey, we don't know.

2:18.0

Are they given a safety protocol or no?

2:19.9

Hey, we're going to take off.

2:20.7

It's going to be fine.

2:21.8

It's going to be a long flight. We're going to be okay. There's going to be a little bit of turbulence. What warning did the pilot give? So the pilot's just waiting for the way. The pilot's just following instructions.

2:30.4

So whenever there's a warning,

...

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