CZ Plans to Donate BNB, 币安人生 Tokens Before Retiring Public Wallet

Changpeng Zhao plans to donate BNB and Binance Life (币安人生) tokens from a wallet he previously used to test Trust Wallet, before permanently ceasing activity from the address.

In particular, the Binance co-founder, widely known as CZ, said the planned donation would go to Giggle Academy. Afterward, he intends to stop using the wallet, effectively treating it as a burn address.

The address has attracted unsolicited meme coin transfers, complicating attempts to interpret Zhao’s transactions. He said efforts to burn some of the unwanted tokens resulted in more assets being sent to the wallet and fueled further community speculation about his on-chain activity.

Source: CZ