In 2018, Binance donated $200,000, which has now risen to about $37 million because of the increase in BNB’s value. Conor Grogan from Coinbase highlighted this situation, urging Maltese citizens to inform authorities about the accessible funds.
Currently, the funds are stagnant due to ongoing verification disputes. Binance and the Malta Community Chest Fund have been unable to agree on the patient information required to release these funds, leading to a standstill.
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