🔥 CZ organized a crypto demonstration — burned almost $500,000 worth of shitcoins, proving that he can do whatever he wants
Changpeng Zhao, former head of Binance, reminded everyone who is in charge. He took and burned nearly half a million dollars in tokens that users sent to his address for donations. Now this wallet, according to CZ, will only accept BNB, and any sent memecoins he can 'just dump next time' — that is, throw them on the market or destroy them without hesitation.
📉 What happened:
• One of the tokens was hit especially hard — 99.9% of its supply just disappeared. For the project, this is essentially death.
• Instead of converting coins into real money and directing them to charity, CZ chose a spectacular show — pressed the 'burn' button and showed everyone who controls liquidity.
• The result is a 'clean' address, but absolutely zero benefit for anyone other than his own image.
😏 What does this mean:
This step is less about 'restoring order' and more about demonstrating power and contempt for the crypto community. People who sent tokens in hopes that their funds would help in some way just watched their coins turn into digital ashes.
💬 The bottom line:
CZ made a show again: instead of charity — a public burning. Power, money, and hype — three ingredients from which he seems to prepare each of his actions.
