<ul><li>Binance founder Changpeng Zhao burned over $3.5M worth of memecoins sent to his wallet by developers attempting to gain free promotion without impacting the market.</li><li>The burns included $1.95M in Tutorial tokens and $1.65M in Broccoli-themed tokens inspired by Zhao's dog, fueled by meme-driven hype on BNB Chain.</li><li>Zhao urged the crypto community to stop sending tokens to his address while maintaining credibility and stability in the market despite a potential personal gain opportunity.</li><li>The move was aimed at avoiding market impact and showcasing Zhao's commitment to the crypto market's credibility and stability.</li></ul>

CZ Burns $3.5M in Memecoins Sent to His Wallet—Here’s Why He Didn’t Cash Out

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