{"id":14510,"date":"2022-12-14T12:22:41","date_gmt":"2022-12-14T12:22:41","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/14\/tron-founder-justin-sun-withdraws-100m-busd-from-binance-fud-ending\/"},"modified":"2022-12-14T12:22:41","modified_gmt":"2022-12-14T12:22:41","slug":"tron-founder-justin-sun-withdraws-100m-busd-from-binance-fud-ending","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/14\/tron-founder-justin-sun-withdraws-100m-busd-from-binance-fud-ending\/","title":{"rendered":"Tron Founder Justin Sun Withdraws 100M BUSD From Binance, FUD Ending?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/tron-founder-justin-sun-withdraws-100m-busd-from-binance-fud-ending\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Tron founder <a href=\"https:\/\/coingape.com\/glossary\/justin-sun\/\" target=\"_blank\" rel=\"noopener\">Justin Sun<\/a> on Wednesday withdrew 100 million BUSD stablecoins from <a href=\"https:\/\/coingape.com\/glossary\/crypto-exchange-2\" target=\"_blank\" rel=\"noopener\">crypto exchange<\/a> Binance. The 100 million BUSD withdrawn was then moved to the Paxos Treasury. Binance CEO CZ on Tuesday identified that 100 million USDC transferred by Justin Sun to Binance is a part of deploying BUSD on Tron by means of cross-chain swaps.<\/p>\n<h2>Justin Sun Transfers 100 Million BUSD<\/h2>\n<p>PeckShield Alert in a <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/PeckShieldAlert\/status\/1602953235915948032\" target=\"_blank\">tweet<\/a> on December 14 revealed {that a} pockets handle related to Justin Sun has withdrawn 100 million BUSD stablecoin from Binance. The Etherscan transaction cited confirmed that 100,000,311.866 in Binance USD (BUSD) was transferred from Binance 15 pockets to 0x9f84 at 08:56 AM UTC.<\/p>\n<p>On-chain platform <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1602955237735616512\" target=\"_blank\">Lookonchain<\/a> confirmed that Justin Sun has withdrawn 100 million BUSD once more from Binance. Also, Justin Sun had withdrawn virtually 33.91 million BUSD and 15.43 million USDT from Binance on December 13. Thereafter, h<span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">e transferred 33.91 <\/span><span class=\"r-18u37iz\"><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\" dir=\"ltr\">BUSD<\/span><\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> to Paxos Treasury and 15.43 million USDT to Circle.<\/span><\/p>\n<p>It also needs to be famous that the switch in the course of the Binance FUD triggered <a href=\"https:\/\/coingape.com\/bnb-coin-price-binance-news-withdrawals\/\" target=\"_blank\" rel=\"noopener\">massive withdrawals from Binance<\/a>. However, Justin Sun later deposited 100 million USDC into Binance to calm the market fears. <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/cz_binance\/status\/1602582816834863104\" target=\"_blank\">Binance CEO \u201cCZ\u201d also pointed out<\/a> that the switch was certainly a part of deploying BUSD on Tron by means of cross-chain swaps.<\/p>\n<p>PeckShield Alert in a subsequent tweet revealed that 1<span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">00 million<\/span><span class=\"r-18u37iz\"> BUSD<\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> withdrawn by Justin Sun has been transferred to Paxos Treasury. As CZ earlier recommended, that is seemingly a part of deploying BUSD on Tron.<\/span><\/p>\n<h2 class=\"c-title entry-title tittle\">Binance CEO: \u201cDeposits Are Coming Back In\u201d<\/h2>\n<p>The world\u2019s largest crypto trade Binance on Tuesday witnessed file\u00a0<a href=\"https:\/\/coingape.com\/amid-fud-binance-tries-to-reassure-investors-about-reserves\/\" target=\"_blank\" rel=\"noopener\">daily outflows worth $1.14 billion<\/a>. As per information from CryptoQuant, a internet of 40,353 Bitcoins and 278,017 Ethereum tokens have been withdrawn.<\/p>\n<p><a href=\"https:\/\/coingape.com\/binance-news-things-have-stabilized-deposits-are-coming-back-in-ceo-cz\/\" target=\"_blank\" rel=\"noopener\">Binance CEO \u201cCZ\u201d on December 14 asserts<\/a> that deposits are coming again. Moreover, these are usually not even the highest 5 withdrawals that have been processed in the course of the Terra-LUNA or FTX disaster. He assures prospects in regards to the monetary well being of the crypto trade and prospects\u2019 crypto belongings.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/web-stories\/bank-run-binance-ceo-warns-staff-of-tough-times\/\" target=\"_blank\" rel=\"noopener\">Binance CEO Warns Staff Of Tough Times<\/a><\/p>\n<div id=\"container\">\n<section class=\"tabs-content\">\n<div id=\"tab1131408\" style=\"display:block;\">\n<ul class=\"newsinnerlist\">\n<li><a href=\"https:\/\/coingape.com\/tron-founder-justin-sun-withdraws-100m-busd-from-binance-fud-ending\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to Tron Founder Justin Sun Withdraws 100M BUSD From Binance, FUD Ending?\">Tron Founder Justin Sun Withdraws 100M BUSD From Binance, FUD Ending?<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/bitcoin-price-prediction-btc-enters-pre-halving-accumulation-phase-time-to-buy\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to Bitcoin Price Prediction: BTC Enters Pre-Halving Accumulation Phase, Time To Buy?\">Bitcoin Price Prediction: BTC Enters Pre-Halving Accumulation Phase, Time To Buy?<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/worst-3-nft-tokens-week-flow-chiliz-axie-infinity-big-coins-nft-dropped\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to Worst 3 NFT Tokens This Week: Flow, Chiliz, and Axie Infinity Are The Big Coins In NFT That Dropped\">Worst 3 NFT Tokens This Week: Flow, Chiliz, and Axie Infinity Are The Big Coins In NFT That Dropped<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/top-crypto-gainers-today-toncoin-price-jumps-12-06-bitcoin-aptos-solana-also-see-positive-price-movement\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to Top Crypto Gainers Today: Toncoin Price Jumps 12.06%, Bitcoin, Aptos, &amp; Solana Also See Positive Price Movement\">Top Crypto Gainers Today: Toncoin Price Jumps 12.06%, Bitcoin, Aptos, &amp; Solana Also See Positive Price Movement<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/shiba-inu-coin-shib-tokens-emerges-as-top-choices-of-whales\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to Shiba Inu News: SHIB Tokens Emerges As Top Choices Among Ethereum Whales\">Shiba Inu News: SHIB Tokens Emerges As Top Choices Among Ethereum Whales<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/australia-targets-crypto-in-major-regulatory-changes-for-2023\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to Australia Targets Crypto In Major Regulatory Changes for 2023\">Australia Targets Crypto In Major Regulatory Changes for 2023<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/breaking-us-cpi-inflation-falls-to-7-1-bitcoin-and-ethereum-price-skyrockets\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to Breaking: US CPI Inflation Falls To 7.1%, Bitcoin And Ethereum Price Skyrockets\">Breaking: US CPI Inflation Falls To 7.1%, Bitcoin And Ethereum Price Skyrockets<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/sbf-built-a-house-of-cards-says-sec-chair\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to SBF Built A House Of Cards, Says SEC Chair\">SBF Built A House Of Cards, Says SEC Chair<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/xrp-news-whales-move-442-million-xrp-court-grants-deadline-motion\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to XRP News: Whales Move 442 Million XRP; Court Grants Deadline Motion\">XRP News: Whales Move 442 Million XRP; Court Grants Deadline Motion<\/a><\/li>\n<li><a href=\"https:\/\/coingape.com\/bitcoin-ethereum-price-breaks-higher-wall-street-expectations-on-us-cpi-inflation\/?utm_source=priceanalysisbar\" rel=\"bookmark\" title=\"Permanent Link to Bitcoin, Ethereum Price Breaks Higher, Wall Street Expectations On US CPI Inflation\">Bitcoin, Ethereum Price Breaks Higher, Wall Street Expectations On US CPI Inflation<\/a><\/li>\n<\/ul>\n<\/div>\n<\/section>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA131408\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nVarinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his information about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency business for a considerable interval and is presently masking all the newest updates and developments within the crypto business.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD131408\">\n<p> The offered content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any accountability in your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/tron-founder-justin-sun-withdraws-100m-busd-from-binance-fud-ending\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] 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 identified that 100 million USDC transferred by Justin Sun to Binance is a part of deploying BUSD on Tron by means of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[1571,192,3546,995,464,598,2277,536,3023],"class_list":["post-14510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-100m","tag-binance","tag-busd","tag-founder","tag-fud","tag-justin","tag-sun","tag-tron","tag-withdraws","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14510"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14510\/revisions"}],"predecessor-version":[{"id":14511,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14510\/revisions\/14511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/11203"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=14510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}