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Tron Founder Justin Sun Withdraws 100M BUSD From Binance, FUD Ending?

Tron founder Justin Sun on Wednesday withdrew 100 million BUSD stablecoins from crypto exchange Binance. The 100 million BUSD withdrawn was then moved to the Paxos Treasury. Binance CEO CZ on Tuesday pointed out that 100 million USDC transferred by Justin Sun to Binance is part of deploying BUSD on Tron through cross-chain swaps.

(By Varinder Singh)

Binance CEO Tells Staff Next Few Months ‘Will Be Bumpy’: Report

CZ Issues Memo To Binance Staff Amid Heavy Withdrawal

Binance News: “Things Have Stabilized, Deposits Are Coming Back In” – CEO CZ

CZ Blames Banks for Delay in USDC Withdrawals

Binance CEO Addresses USDC Outflows: ‘Feel Free To Withdraw Any Other Stablecoin’

BNB $583.61

+2.91%

Justin Sun Binance

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Tron Founder Justin Sun Withdraws 100M BUSD From Binance, FUD Ending?

All Comments

Recommended for you

Cointime May 3rd News Express

Cointime April 27th News Express

Justin Sun has deposited 166 million USDT to Binance in the past 7 hours

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