Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Justin Sun minted 815 million TUSD and then destroyed it again, while minting $865 million stUSDT.
2023-09-16 04:12:44
Odaily News Tronscan data shows that starting from 23:45 on September 15 (UTC+8), Justin Sun minted US$815 million in TUSD on TRON, and then sent the funds to Huobi HTX Hot Wallet No. 2. Justin Sun then sent these funds to an unmarked contract through a series of transactions and destroyed these TUSD tokens. At the same time, he also minted $865 million in stUSDT and deposited it into JustLend, which increased JustLend’s TVL by 17% to $4.63 billion. (Blockworks)