Ex-Binance Boss CZ Drops 1,000 BNB for Earthquake Relief in Myanmar and Thailand!

CZ's Massive Crypto Donation Hits Hard After Binance Charity's Airdrop Initiative

Hold onto your hats, crypto fans! Changpeng 'CZ' Zhao, the former head honcho of Binance, just made a jaw-dropping donation of 1,000 BNB to support earthquake relief efforts in Myanmar and Thailand. This comes hot on the heels of Binance Charity kicking off a program to help those affected by the disaster.

Just the other day, the big boss at YZi Labs spilled the beans that CZ had made good on his promise, dropping 500 BNB each to relief efforts in Myanmar and Thailand. The BSC Scan data doesn't lie—Zhao's wallet lightened by a cool $598,025 worth of BNB on April 3 around 8:00 AM UTC. Talk about putting your money where your mouth is!

But why now? Well, it all ties back to the massive earthquake that rocked Myanmar and Thailand on March 28. In response, Binance Charity launched a program to airdrop some much-needed funds to users in the disaster zones.

And CZ wasn't about to sit on the sidelines. He sent those 1,000 BNB flying through the blockchain straight to where they're needed most. He's calling on everyone to jump in and help out the relief efforts. The crypto community, unite!

On March 31, Binance Charity rolled out a plan to airdrop up to $1.5 million in BNB to verified users in the affected areas. They're using the KYC and Proof of Address checks to make sure the aid gets to the right people. And get this—the funds are expected to land in wallets in Myanmar and Thailand by April 14.

CZ didn't just stop at the donation. He's out here rallying the troops, saying, "In times of crisis, every second counts. Blockchain and digital assets have provided an effective and efficient means of delivering financial aid to disaster victims." You heard the man—time is of the essence!

Here's the breakdown: every verified user in Myanmar is getting $5 worth of BNB. But if you're in the hardest-hit zones, you're looking at a sweet $50 in BNB. Not too shabby, right?

Over in Thailand, it's a similar story but only for Gulf Binance users who've done their KYC. They'll each get $5 worth of BNB, while those in the most impacted areas will snag $10. Every little bit helps!

Right after CZ dropped this bombshell on X, BNB took a tiny dip of 0.68%. It's currently sitting at $598.51, but who's counting when lives are at stake?

Remember, this isn't CZ's first rodeo. Earlier this year, he threw 150 BNB, around $100,000 at the time, at victims of the LIBRA memecoin scam. And he didn't stop there—he also shared some of his funds with traders who got burned by the TST and BROCCOLI memecoin crashes. The man's on a mission!