Justin Sun's Alleged Address Transfers $36.47 Million to Binance
CryptoNewsTerminal Staff13 Aug, 2024
Justin Sun's Alleged Address Transfers $36.47 Million to Binance
Justin Sun, the founder of Tron, has allegedly transferred 596 BTC (worth $36.47 million) to Binance. The transfer was reported by on-chain analyst ai_9684xtpa, who cited Arkham data. The address in question has been linked to Sun in the past. In 2019, blockchain security firm PeckShield identified the address as one of several that belonged to Sun. The transfer comes at a time when Sun is facing scrutiny from regulators. The SEC is reportedly investigating Sun for his involvement in the collapse of the Terra ecosystem.
