Justinian exhausted all this wealth in a very short time, partly by senseless buildings on the coast, partly by presents to the barbarians, although one would have imagined that a successor, however profligate and extravagant, would have been unable to have spent it in a hundred years; for the superintendents of the treasures and other royal possessions asserted that Anastasius, during his reign of more than twenty-seven years, had without any difficulty accumulated 320,000 centenars, of which absolutely nothing remained, it having all been spent by this man during the lifetime of his uncle, as I have related above.

It is impossible to describe or estimate the vast sums which he appropriated to himself during his lifetime by illegal means and wasted in extravagance; for he swallowed up the fortunes of his subjects like an ever-flowing river, daily absorbing them in order to disgorge them amongst the barbarians.

Having thus squandered the wealth of the State, he cast his eyes upon his private subjects.

Most of them he immediately deprived of their possessions with unbounded rapacity and violence, at the same time bringing against the wealthy inhabitants of Byzantium, and those of other cities who were reputed to be so, charges utterly without foundation.
Some were accused of polytheism, others of heresy; some of sodomy, others of amours with holy women; some of unlawful intercourse, others of attempts at sedition; some of favouring the Green faction, others of high treason, or any other charge that could be brought against them.

On his own responsibility he made himself heir not only of the dead, but also of the living, as opportunity offered.