In the wake of the $LIBRA rug pull scandal, BNB ecosystem projects Four.meme, MyShell, and Bacon Protocol have joined forces to donate to $LIBRA victims. This philanthropic maneuver aims to offer support to those affected by the $LIBRA fiasco that led to a devastating loss of $4.4 billion in investor funds.
Four.meme, MyShell, Bacon Protocol Donate to $LIBRA Victims
🚀 The @BNBChain community steps up!
We’re proud to share that https://t.co/Ki6nIq5Ib9, @myshell_ai & @Bacon_Protocol have donated $60,000 in tokens to support users impacted by the $LIBRA token event. With @cz_binance contributing 150 $BNB, this effort showcases the power of… pic.twitter.com/49ZJrxvLGj
— Four.Meme (@four_meme_) February 20, 2025
The incident was escalated by Argentine President Javier Milei’s involvement, after he publicly endorsed $LIBRA, describing it as a mere ‘sharing’ initiative.
Amid this, Four.meme, MyShell, and Bacon Protocol have responded by making a generous collective donation of $60,000 in tokens to the victims. The support also aims to showcase the strength of community engagement within the BSC ecosystem. Both MyShell and Bacon Protocol also played an instrumental role in this donation campaign.
Eddie, a representative of Four.meme, commented on the power of meme culture and decentralized finance, saying, “This donation not only helps the affected users but also demonstrates our commitment to community responsibility and shared progress in the decentralized finance space.”
Although the $LIBRA incident has left many shaken, it has also sparked a wave of philanthropy within the crypto industry. Recently, CZ (Changpeng Zhao) also contributed by donating 150 BNB, offering encouragement to those affected. However, the situation took an unexpected turn when one recipient of the donation, known as ‘$Broccoli Whale,’ exploited CZ’s philanthropic gesture to profit, making a staggering $26 million from the donation.
Also Read: CZ: “Won’t Keep a Penny; Will Donate Tokens for TST and Broccoli Victims”
