Justin Sun Pulls $38 Million from Lighter LLP and Amasses 13.25M LIT Tokens
On January 1, Justin Sun withdrew about $38 million in USDC from Lighter LLP after an earlier $200 million deposit, according to MLM Monitor. His subsequent acquisition of roughly 13.25 million LIT tokens represents 1.33% of total supply and 5.32% of circulating supply, prompting close market scrutiny as LIT trades near $2.60 with a market cap around $649 million.