Recently, former Binance CEO Changpeng Zhao made a personal donation of 150 BNB to those affected by the Libra token sham.
Now, it turns out that the crypto mogul ended up receiving more BNB than he initially donated. On top of that, Zhao has received additional crypto tokens.
"When you try to make quick money, you often lose. When you give money away, you get more back," Zhao quipped.
Zhao has clarified that he will not keep a single satoshi of the crypto that he has just received.
Alex DovbnyaThe tokens will be "donated away," according to Zhao. The former Binance boss says that he will "most likely" help out those who lost money on the Test (TST) and Broccoli meme coins.
Zhao has stressed that he is not actually endorsing any of these tokens, urging his followers not to "overinterpret" his recent comments.
He has also joked that figuring out where to send all the tokens that he receives is "a lot of work."
CZ owns only two cryptocurrencies
As reported by U.Today, Zhao recently clarified that he does not buy any new tokens despite the proliferation of meme cryptocurrencies. In fact, Bitcoin and BNB are the only two tokens that CZ currently owns.
That said, CZ previously stated that he does not necessarily oppose meme coins despite the fact that he is not interested in buying them. The former Binance boss, who is worth an estimated $65 billion, is also not interested in sports cars and collecting expensive art.
Dan Burgin
Vladislav Sopov