Justin Sun Deposits 815 Million TUSD into JustLend, TVL Increases by 21.5%!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 16, 2023 12:15

Cryptocurrency entrepreneur Justin Solar has confirmed that he transferred $815 million value of TrueUSD (TUSD) into his JustLend platform. The TUSD was ultimately changed by WSTUSDT and deposited into JustLend. This transfer resulted in a 21.5% enhance in JustLend’s complete worth locked (TVL) inside 24 hours. Solar claimed that the transactions have been his private funds and had nothing to do with HTX’s enterprise. The switch, nevertheless, has raised hypothesis amongst cryptocurrency fans concerning the motives behind Solar’s transfer. This comes after Solar was not too long ago linked to an issue involving one other cryptocurrency platform, Poly Community, the place he was accused of defrauding $610 million.