CZ Address Did Not Actively Destroy Niulai Tokens, It Was a Forced Transfer by the Token Creator

On August 16 at 16:15, CZ's public donation address showed three token destruction actions, involving 4,444 Meme tokens "Niulai", 4,444 MarsCoins, and 4,444 "Binance Life" tokens. After verification, the 4,444 "Niulai" tokens were not actively destroyed by CZ but were forcibly transferred by the token creator using the contract. The creator (address: 0xcf86..383) deployed the contract and set privileges, minting 1 billion tokens, then transferred about 800 million to CZ's address, and used transferFrom to forcibly transfer 4,444 tokens from CZ's address to a black hole address, simulating CZ's destruction. CZ's address did not authorize this token or its initiator. This method was previously seen in the 2025 CAAB token project, where the project team transferred 80% of the supply to CZ's address, misleading investors. BlockBeats reminds users that on-chain monitoring tools show the transaction source as CZ, but a single destruction hash cannot be considered as CZ's endorsement, as the contract creator can move balances from other holding addresses, posing a high risk. Meme coins generally have no practical use cases and exhibit significant price volatility; investment should be approached with caution.