Sun replied to Zhao’s post saying his team was not fully aware of the “intended purpose” of the funds, which he says is used to “facilitate market-making between leading TUSD exchanges, thereby enhancing liquidity and trading volume, rather than participating in any exchange promotions.”
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- Source: https://www.coindesk.com/markets/2023/05/01/justin-sun-to-reverse-56m-binance-transfer-after-cz-warns-against-potential-sui-token-grab/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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