Justin Sun-related wallet made over $3M from USDC depeg

Fuck Justin Sun and any project he touches.

Anyone else sick of reading about how the rich easily make themselves richer? I want to hear about how they decided to use their unexpected gains to buy us all moons

You gotta have a lot to make a lot on things like this!

Easy money to be made if you had inside info that the government was going to deplete the FDIC insurance program to provide a bailout that the FDIC fund was never intended for.

Justin Sun is a very honorable and trustworthy person and he would never do anything shady! /s

I made 5$ and I was thinking of myself as a financial advisor.

Money makes money….

Smells like manipulation to me? Handling with knowledge?

The rich richer

I also made 2.8$ because I felt adventurous that day. AMA.

That wasn’t really a gamble if you had some good inside info. But for us common people it really wasn’t worth the risk to get that 5-10% return

>On-chain investigator Lookonchain reported that a wallet “possibly” connected to Tron founder Justin Sun made $3.3 million from USD Coin (USDC) March 11 depeg.

Justin Sun is an opportunist who takes advantage of a bad situation and uses it for his gains.
Smart modafocker.

Meanwhile I am here dreaming about making 10k in crypto

not a bad gamble

Honestly, it was always very likely going to re-peg. I just didnt think it was worth it for 10%. But if you have $30M lying around, go ahead and make yourself a free $3M. Rich get richer smh

tldr; A wallet “possibly” connected to Tron founder Justin Sun made $3.3 million from USDC’s March 11 depeg. The address, 0xbcb7, withdrew 50 million USDC from Aave after the stablecoin depegged and swapped it for DAI at a 1:1 ratio. A wallet linked to Vitalik Buterin also made USDC transactions.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today’s trending news [here](https://coinfeeds.substack.com).*

Smart guy

I swear I’m late to the party everytime