Binance, the world’s largest cryptocurrency exchange, is dealing with some troubles with the FUD news about the stock market. TRON (TRX) founder Justin Sun A few transactions he made on the stock market were on the agenda.
On-chain analytics platform lookonchain information shared by TRON founder Justin sun’s from Binance 34 million dollars worth BUSD and $15.4 million USDT revealed that he did. This large amount of money withdrawn is about to be taken in dollars. Paxos and to the circle “This money transfer”cash flow concernsAlthough Sun claims that it was done because of “that the final allocation of funds is just a normal business cooperation” he stated.
After these transactions, $ 100 million was sent to Binance from the same account. Justin Sun confirmed in a statement that he transferred $100 million to the stock market.
just now Bto inance I invested 100 million USD.
Not long after, Binance CEO Changpeng Zhao (CZ) also made a statement on the subject. made by CZ in sharing, interpreted this as a transaction to load BUSD onto the TRON network and said, “I’m not sure of the details.” Thereupon, Justin Sun retweeted the CEO of Binance, confirming these predictions.
However, Justin Sun deposited it to Binance about 3 hours after this transaction. $100 million BUSD withdrawn and lead to confusion opened.
There has been no comment yet from either side on the matter.