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CZ tweeted in support of Siyuan: Donating funds does not give one the right to "dictate" to others; burning BNB benefits token holders.
Svmuu News: Regarding the recent incident in which Siyuan, the lead creator of Happy-Sci, destroyed all donated funds, CZ (@cz_binance) posted on X stating, “I agree with and support Siyuan’s decision.” In his tweet, CZ noted that donating to others does not mean the recipient must act according to the donor’s wishes; he added that Siyuan clearly did not want to be associated with the relevant meme in any way; redirecting the “donation” to YZiLabs or platform employees would have increased the company’s administrative burden. Regarding the BNB burn, CZ stated that this was not a waste of resources. He mentioned that the BNB Chain has recently been burning over $1 billion worth of BNB every quarter, which reduces the total supply and benefits BNB holders. As a BNB holder himself, he expressed gratitude to anyone who burns BNB.
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