Justin Sun: The online "cash out" is not true. The transaction with USDC Circle is only for internal fund sorting and allocation

According to BlockBeats, on October 21, Justin Sun wrote in response to the recent rumors of "transferring 2.36 billion USDC to Circle for cash" : "The net transfer cash is not true, and the transaction with USDC Circle is only internal fund arrangement and deployment, and there are a lot of double calculations in transfer and transfer out. With the business development getting better and better, the relevant fund arrangement and deployment will increase, which is good for the development of the industry."