🚨 BREAKING: CZ DID NOT BURN THE MEMECOINS HIMSELF
On-chain data shows 4,444 Niu Lai tokens were forcibly transferred from CZ’s public donation wallet by the token’s developer using privileged smart-contract functions.
Similar transfers involved MarsCoin and Binance Life.
The transactions may appear as “From: Changpeng Zhao,” but this does NOT mean CZ approved, endorsed, or knowingly burned the tokens.
⚠️ Another reminder: sending tokens to a prominent wallet can be used to create misleading “celebrity holder” narratives.
❌Not financial advice.
On-chain data shows 4,444 Niu Lai tokens were forcibly transferred from CZ’s public donation wallet by the token’s developer using privileged smart-contract functions.
Similar transfers involved MarsCoin and Binance Life.
The transactions may appear as “From: Changpeng Zhao,” but this does NOT mean CZ approved, endorsed, or knowingly burned the tokens.
⚠️ Another reminder: sending tokens to a prominent wallet can be used to create misleading “celebrity holder” narratives.
❌Not financial advice.