CZ Donates 150 BNB to LIBRA Investors

A student known as EnHeng initiated a fundraising campaign for those affected by the meme coin LIBRA. Binance founder Changpeng Zhao (CZ) joined the initiative.

CZ contributed 150 BNB (~$100,000) and shared the address of a BSC wallet, which began receiving additional donations.

Sent 150 BNB. Good luck and keep up the good work!https://t.co/y5KyV9NGnA

— CZ ? BNB (@cz_binance) February 18, 2025

When the donation amount exceeded the former Binance head’s contribution, he announced that all funds would be directed to help others affected by meme tokens like TST and Broccoli.

Funny things in crypto. ?‍♂️

When you try to make quick money, you often lose.
When you give money away, you get more back.

I donated 150 BNB (~$100,000 USD) to a university student who put up $50,000 of his own money to help Libra victims. (This student seems to have made good… https://t.co/0KbkiGZcYt pic.twitter.com/VRJmgIV5Uf

— CZ ? BNB (@cz_binance) February 19, 2025

Earlier, LIBRA was promoted by Argentine President Javier Milei, who later deleted his posts about the token and claimed he was not involved in the project.

Subsequently, Hayden Davis, CEO of Kelsier Ventures and linked to the coin’s launch, stated that he paid Milei’s sister for the promotion.