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CZ Donates $965K in BNB and BNB Life Tokens to Giggle Academy Today

GateNews
GIGGLE-3.67%

According to OnChainLens, Binance founder Changpeng Zhao (CZ) transferred approximately $965,000 worth of tokens to Giggle Academy today, including 1,440 Binance Coin (BNB) valued at approximately $872,000 and 182,620 BNB Life tokens worth approximately $93,000.

CZ announced the donation decision following complaints about excessive memecoin transfers to his public wallet used for Trust Wallet feature testing. He decided against closing the wallet, instead choosing to donate the remaining BNB and BNB Life tokens and convert the address into a burn address.

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