Binance founder Changpeng Zhao, known as CZ, has donated 150 BNB, valued at approximately $100,000, to assist victims of the LIBRA token scam. The donation was initiated in response to a fundraising effort led by a college student named EnHeng, who also donated $50,000, aimed at supporting those affected by the collapse of the LIBRA meme coin. Following CZ's public disclosure of his donation address, he received more cryptocurrency than he initially donated. CZ has stated that he will not retain any of the additional funds and plans to redistribute them to victims of other meme coin scams, including those affected by TST and Broccoli tokens. The LIBRA token, promoted by Argentine President Javier Milei, crashed by over 91% after its launch, resulting in significant financial losses for over 40,000 investors and damages exceeding $4 billion. Fraud charges have been filed against Milei and the token's team, with on-chain analysis revealing that a single entity controlled 82% of LIBRA's supply. Additionally, Meteora's co-founder Ben Chow resigned amid allegations of insider trading and misconduct following the token's collapse.