Binance's founder, CZ, is helping people who lost money in cryptocurrency! He first gave $100,000 to those who lost money on a coin called LIBRA. Then, he got even more cryptocurrency back than he gave, so he's donating that too!
- CZ donated money to help people who lost money on LIBRA, TST, and BROCCOLI coins.
- LIBRA, TST, and BROCCOLI are all memecoins – coins based on jokes or internet trends.
- Memecoins can go up and down in price very quickly, causing big losses for some people.
| Coin | What happened | Approximate losses |
|---|---|---|
| LIBRA | Went up, then crashed | Millions of dollars |
| TST | Dropped after it was created | Lots of investor money lost |
| BROCCOLI | Similar to TST, price dropped drastically | Investors lost money |
