Binance founder Changpeng Jhao (CZ) has promised to donate 150 BNB, or about $ 100,000 to the victims of the Libra Memcoin scam as a gesture of support.
The CZ action came in response to a college student named Angeng, which announced a plan to donate $ 50,000 and raise additional funds to assist the victims.
Impressed by the results of the scam, Feng shared his plan on X, explained as to why he had chosen to establish a BSc address to donate $ 50,000 and accept further donations. He admitted that such incidents, especially for college students, could be emotionally and economically drainage.
After hearing of Feng’s efforts, CZ, which is famous for helping the Cryptocurrency community, retweeted the post. He pledged 150 BNB, or approximately $ 100,000 to help support the victims. In his follow -up comment for another X user’s tweet, CZ mentioned that he just wanted to follow the example of a university student.
https://twitter.com/cz_binance/status/189140627698417714?
The Libra Memcoin Haux began when Argentina President Xavier Milli gave her support, which increased the value of cryptocurrency. However, the value of the coin fell quickly, resulting in large -scale damage to thousands of investors. According to reports, the Libra scam affected over 40,000 people and lost up to $ 4.4 billion.
After the collapse, the President was found on Miley but was accused of “betrayal” by Hayden Mark Davis, one of the main figures behind Libra. Allegedly, President Miley allowed the sale of terror by refunding support for Memcoin. Argentina lawyers accused Mile of “fraud,” “Criminal Association,” and “failure to do public duties”, which responded to the promotion of Libra.
Due to the incident, political tension has increased, and opposition leaders are demanding that the President Mila be imperedation. Some claim that Libra’s support is a pump-end-dump strategy that manipulate market prices for its own profit.
