Justin Sun, a frequent name in the cryptocurrency world, is facing a new allegation. Analytics firm EmberCN reported that Sun’s team withdrew 21.66 million USDT from the Binance exchange, a sum allegedly matching the sale of 5.374 million EIGEN tokens that Sun had received via an airdrop.
EIGEN Tokens Transferred to Binance via HTX
According to EmberCN’s report, six wallet addresses linked to Justin Sun moved EIGEN tokens to the HTX platform immediately after receiving them. Subsequently, these tokens were transferred to Binance, where the sale began. However, the analytics firm later deleted their post, causing confusion about the claims.
HTX Responds to Allegations
HTX quickly responded to the allegations, firmly denying that the wallet addresses mentioned in the report were linked to Justin Sun or his team. The exchange refrained from commenting further on the wallet addresses, citing a lack of concrete evidence.
No Statement from Justin Sun Yet
Eigenlayer, a recently launched restaking protocol, saw a surge in popularity following the airdrop distribution of EIGEN tokens. At the time of writing, the EIGEN token is trading at $3.57. Justin Sun has not yet made any public statement regarding the matter.
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