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The Maltese Herald

Malta Community Chest Fund won’t cash-out of $36 million worth in crypto after all

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by

Mark Camilleri
in ,

According to a Times of Malta article published earlier today, the Malta Community Chest Fund has said that it won’t be cashing out of the 30,644 BNB tokens donated to it by Binance in 2018. The NGO said that it renounced the crypto donation earlier this year due to reputation concerns.

The tokens are worth up to $36.33 million as at time of writing.

You can read more about Binance here.

Comments

2 responses to “Malta Community Chest Fund won’t cash-out of $36 million worth in crypto after all”

  1. President of Malta says Malta Community Chest Fund never had access to Binance's donation and describes it as a bogus donation - The Maltese Herald avatar
    President of Malta says Malta Community Chest Fund never had access to Binance's donation and describes it as a bogus donation – The Maltese Herald

    […] today, the President of Malta said that the Malta Community Chest Fund never had access to the account set up by Binance for its donation of BNB tokens. She also described the donation as bogus and said that the Malta Community Chest Fund can not risk […]

    Reply
  2. Sina Bugeja thinks that Tumas Group and Joseph Portelli will stop donating to the MCCF if they take Binance's money - The Maltese Herald avatar
    Sina Bugeja thinks that Tumas Group and Joseph Portelli will stop donating to the MCCF if they take Binance's money – The Maltese Herald

    […] for the Binance donation, which the MCCF declined this year, according to the Times of Malta press report, obviously the MCCF are out of their mind and don’t understand what’s at stake. The […]

    Reply

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