Binance founder Changpeng Zhao (CZ) issued a strong warning against investing in the volatile ‘Golden Statue’ meme coin, citing its rapid price surge and his personal disassociation from the project. CZ has publicly distanced himself from the token following its explosive 27,000% surge, suspecting that those behind it are exploiting his image for financial gain. The lack of any official regulatory response or substantial market impact underlines the meme coin’s speculative nature. CZ’s caution aligns with other crypto leaders who have discouraged commercialization of their likeness, highlighting the continued focus on responsible investment strategies in the industry.