Binance once donated 200,000 BNB worth $20,000 to a cancer patient in Malta, a sum that is now valued at $37 million.

On October 14th, Binance and its users made a donation of $200,000 worth of cryptocurrency to a Maltese charity in 2018, which provides assistance to terminally ill patients. Up to now, this donation has not been utilized. Due to the price surge, it is now worth approximately $37 million. This funding originated from a 2018 Binance Charity event and has been idle in the receiving wallet. The donation consisted of 30,644 BNB, which was valued at about $200,000 at that time. At the current price, the same amount of BNB is now worth nearly $37 million. In 2021, Binance stated that with the increase in the prices of these crypto assets, this fund can now assist more people in need. However, Binance's relationship with the Malta Community Chest Fund (MCCF) has been tense. In 2021, the MCCF threatened to sue Binance for not submitting the accounts for 2018, 2019, and 2020 and repeatedly ignoring annual declaration reminders. A few days later, these accounts were "found", and the lawsuit threat was withdrawn. According to the Malta Times, since 2021, Binance has been waiting for the MCCF to verify patient information, including medical bills and cryptocurrency wallet addresses. Nevertheless, the MCCF has refused to provide this patient data to Binance, resulting in a deadlock in the fund transfer.