Address linked to BitForex founder deposits $250M ETH to Binance

An address suspected of belonging to BitForex founder Garrett Jin has deposited 108,169 ETH, worth approximately $250 million, to Binance, Onchain Lens reported. Jin, who founded the fraudulent cryptocurrency exchange BitForex, is a well-known Bitcoin OG. He was previously accused of insider trading last October after entering a large short position immediately before a crash in Bitcoin's price.