Ex-Binance CEO's Million-Dollar Band-Aid for Crypto's Growing Pains
Key Points
- CZ, the former Binance CEO, is donating $1 million to crypto...
Need a million bucks to fix crypto's image? Just ask CZ! The former Binance CEO who once commanded the world's largest crypto empire is now playing Santa Claus with an unexpected $1 million community gift - though this time, he's making his list and checking it twice for transparency.
From Rug Pulls to Robin Hood
On February 23, 2025, Changpeng Zhao announced his plans to redirect a $1 million donation originally meant for victims of the Libra token rug pull. But here's the kicker - receiving organizations must be crypto-enabled and allow transaction tracking. It's like putting a GPS on ch...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.