Coinbase Executive Issues Alert Over Unclaimed $39,000,000 Pile of Crypto Asset BNB
Coinbase director Conor Grogan is calling attention to a million-dollar pile of Binance’s native token, BNB, that has sat unclaimed for years. In a new post on X, Grogan urges citizens of Malta to start asking their government for the BNB that was donated to those suffering from terminal cancer on the southern European island in the Mediterranean Sea. Says Grogan, “In 2018, Binance and crypto users donated $200,000 in BNB to Malta Terminal Cancer Patients. The funds were never withdrawn and remain untouched, now worth $39 million due to the appreciation of BNB! Any Malta citizens, please let your government know that these funds are accessible.” BNB is a digital asset created and backed by the crypto giant Binance, and the charity initiative was launched as a partnership between Binance’s Blockchain Charity Foundation (BCF) and the Malta Community Chest Fund (MCCF). However, the two partners became entangled in a legal dispute with MCCF a...