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Binance Founder Moves Millions in Meme Coins to a Burn Address

Binance founder Changpeng “CZ” Zhao just denied rumors of secretly backing meme coins on BNB Chain, after sending 400 million spam tokens worth $1.6 million to a burn address. The transfers sparked manipulation theories, but on-chain data reveals a routine cleanup that has been repeating for years. Inside CZ’s $1.6 Million Token Cleanup A burn The post Binance Founder Moves Millions in Meme Coins to a Burn Address appeared first on BeInCrypto.

  • Read at BeInCrypto
  • Mon, 13 Jul 2026 18:17:20 +0000
Binance Founder Moves Millions in Meme Coins to a Burn Address