Justin Sun Cashes Out $198 Million Via Stablecoin Issuer Circle By CoinEdition


Justin Sun Cashes Out $198 Million Via Stablecoin Issuer Circle
  • Justin Sun transferred $198 million in crypto via USDC.
  • The crypto community raised eyebrows about the huge withdrawal.
  • Tron network is set to introduce a Chinese currency-pegged stablecoin TCNH.

Justin Sun, the founder of the Tron blockchain and the Houbi crypto exchange advisor, recently cashed out $198 million in crypto via a stablecoin issuer, Circle. Twitter crypto tracker, Lookonchain, unveiled the transaction, noting that Sun moved the funds across multiple chains and outlets.

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