CZ donated 150 BNB to a student who took action to help LIBRA victims, and then received even more BNB in return. The Binance CEO said he will not keep a single penny, planning to donate to the victims of the memecoin TST and Broccoli.
CZ received more BNB after "giving away" 150 BNB, promising to donate everything to the "victims" of TST and Broccoli
The drama surrounding the LIBRA token of the President of Argentina has completely overshadowed the story of CZ shilling memecoins on the BNB Chain. However, the Binance CEO has just created a connection between the two stories by donating (donate) 150 BNB to a student who had a noble gesture towards the LIBRA victims.
Specifically, an account named X with the username En Heng (@EnHeng456) wrote in Chinese that, although he is just a student, he wants to help those who have been harmed by the LIBRA rug pull.
Today, the Argentine President's coin Rug event has hurt many people. As a university student, I deeply understand the feeling of this impact. To help the affected friends, Enheng decided to donate $50,000 and receive donations through the BSC address to sponsor Enheng's charity dinner, to bring warmth and support to everyone... pic.twitter.com/DsPlWZdcGj
— EnHeng嗯哼 (@EnHeng456) February 15, 2025
Therefore, Heng has spent his own money to donate $50,000 to his friends who have suffered losses. He also set up a wallet address on the BNB Chain to receive contributions from the community.
This noble gesture has been noticed by CZ. Therefore, the former Binance CEO has sent 150 BNB to the wallet address above:
Sent 150 BNB. Good luck and keep up the good work!https://t.co/y5KyV9NGnA
— CZ 🔶 BNB (@cz_binance) February 18, 2025
But the story doesn't end there. Thanks to CZ's action, the donation wallet (0xD47...ca549) has currently received a total of 165.8 BNB, equivalent to $108,000, from philanthropists around the world.
What's more noteworthy, the wallet (0x288...29307) that CZ used to donate has received even more, now at 172.8 BNB. This means it's more than the amount CZ had given away.
CZ also shared this with pride in the principle of "giving to receive":
Funny things in crypto. 🤷♂️
— CZ 🔶 BNB (@cz_binance) February 19, 2025
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
"Funny paradoxes in the crypto market:
The more you try to make quick money, the more you lose.
But when you give, you will receive more.
I donated 150 BNB (about $100,000) to a university student who donated $50,000 of his own money to help the LIBRA victims.
Now my wallet has received more BNB than the amount I gave away. And there are more tokens as well."
In addition, CZ also affirmed that he will not keep a single satoshi of this. He plans to continue donating, most likely to those who have suffered losses from the memecoin TST and Broccoli.
In June 2024, Forbes reported that CZ's assets are $61 billion, with BNB accounting for half. Therefore, a few hundred BNB or a few hundred thousand dollars is truly "nothing" compared to the above wealth. Donating to "worthy people" is an act that helps increase points in the eyes of the community, as well as bringing a more positive view of the Binance exchange and the BNB Chain network.
Of course, we should support such noble gestures, especially at a time when people are gradually losing faith in the cryptocurrency industry, when a series of projects, KOLs, and industry leaders have been exposed as those who only want to "suck money" from the market.
Compiled by Coin68
