CZ on donation plan for $Libra rug pull victims: 'I will donate 150BNB'

According to Reg Tech Times, Argentine President Javier Milei promoted a cryptocurrency named $Libra, asserting it would enhance the nation's economy. Initially, the currency's value surged, achieving a market capitalization of $4.5 billion before plummeting by nearly 89%, causing significant investor losses. This incident has led to legal complaints and demands for Milei's impeachment, as individuals allege his involvement in fraudulent activities.

Zhao is recognized as the founder and former CEO of Binance, the largest cryptocurrency exchange by trading volume. Born in China and raised in Canada, he previously worked at the Tokyo Stock Exchange and Bloomberg Tradebook before entering the crypto industry. In 2017, he launched Binance and expanded it into a global platform offering trading services, blockchain development, and Web3 infrastructure. He has also supported industry initiatives like BNB Smart Chain and various philanthropic projects.

Founded in 2017 by Changpeng Zhao and Yi He, Binance has grown into one of the world's largest cryptocurrency exchanges by trading volume. The platform provides a comprehensive suite of services including digital asset trading, blockchain development, and Web3 infrastructure solutions. According to their website, Binance is dedicated to fostering innovation and promoting global cryptocurrency adoption.