Binance CEO Donates $1 Million To Japan’s Flood Victims

Updated On Jul 9, 2018 by Cameron Bishop

Binance is donating $1 million to the victims of flood and landslides that affected the western areas of Japan. Changpeng Zhao, the CEO of Binance, has also expressed his sympathy through a tweet today morning. The tweet also announced his company’s decision to donate $1 million equivalent in BNB, BTC or JPY.

Zhao has also requested good hearts in the crypto industry to come forward and make a contribution to those who are in need. According to the Express report, torrential rains have caused total devastation leading to the death of at least 69 people in the western Japanese city of Kurashiki. More than 1,850 are believed to be stranded. Evacuation orders remained for about 2 million people and another 2.3 million were asked to evacuate, although rain had stopped and floodwaters retreated in certain areas.

Japan’s government has set up an emergency management centre at the prime minister’s office and nearly 54,000 rescuers from the police, military and fire departments have been sent to various places in southwestern and western Japan. Authorities have stated that it could be the worst weather disaster in decades. Zhao has stated that developers who are donating to the flood victims will be provided a waiver in listing fees. The CEO has also provided option to send anonymous donations. Rest can send donation to the Ether address provided in the tweet.

Cameron works tirelessly behind the scenes ensuring his many US news stories are factual, informative and brought to you in a timely fashion before most other media outlets have them. He is an investigative journalist at heart who also has a fond interest in the money and business markets too.

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