BitForex founder sent $1.35B in ETH to Binance at short-term peak

Garrett Jin, founder of the fraudulent crypto exchange BitForex, deposited 577,717 ETH (approximately $1.35 billion) to Binance between May 6 and 10, Lookonchain reported. At the time of the deposit, ETH was trading at a short-term high of $2,337 and has since fallen by 20%, Lookonchain added.