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Billionaire Tron Founder Justin Sun Faces SEC Lawsuit over Alleged Securities and Market Manipulation Offences
23.3.2023
The controversial crypto entrepreneur Justin Sun is facing a lawsuit from the US Securities and Exchange Commission (SEC) over a scheme to pay celebrities to shill Tron’s TRX and BitTorrent (BTT) tokens.
According to a press release from the SEC, the lawsuit specifically revolves around Sun’s...
SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities
22.3.2023
The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the organization for promoting...
Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges
22.3.2023
The U.S. Securities and Exchange Commission sued Justin Sun Wednesday on allegations of selling and airdropping unregistered securities, fraud and market manipulation
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
2.3.2023
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting...
Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder
26.2.2023
On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow...
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
14.1.2023
Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of...
First Mover Asia: Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?
4.1.2023
ALSO: Bitcoin spent a low-key 14th birthday, trading almost precisely in the same narrow range it's held since mid December; other cryptos traded sideways, although SOL rose 22% to continue its nearly week-long surge
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital
12.12.2022
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project...
Billionaire Tron Founder Justin Sun Looking to Purchase FTX Assets
23.11.2022
Justin Sun, the Founder of Tron (TRX), is reportedly open to deals for the assets of the now-defunct crypto exchange FTX.
Sun said that his associates were evaluating potential purchases of assets from the fallen, Bahamas-based exchange, according to the Wall Street Journal.
The adviser at...
TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron
11.11.2022
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external wallets on a 1:1 ratio. While coin market aggregation sites say tron tapped...
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
Huobi Token Surges 75% as Tron Founder Justin Sun Calls for Empowering the Exchange Token
13.10.2022
According to Tron's Founder Justin Sun, empowering HT holds the key to revitalising Huobi
Tron Founder Justin Sun Thinks Crypto Could Learn Something From TradFi
28.9.2022
“We want our 100 million customers to know that we really take their money and their data seriously,” he said in an interview with CoinDesk
Tron Founder H.E. Justin Sun Announces the Launch of USDD – A Decentralized Stablecoin
22.4.2022
H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its official entry into the field of decentralized stablecoin. TRON DAO will partner with other blockchain industry...
Tron Founder Justin Sun Purchases Joker Tpunk NFT for $10.5 Million
1.9.2021
Justin Sun, founder of Tron, a smart contract-enabled cryptocurrency, announced he purchased an NFT avatar for $10.5 million. The NFT, dubbed ‘Joker’ due to its appearance, is part of a Tron-native NFT series called Tpunks, that seeks to emulate the style and success of the known...
Ethereum vs Tron: Comparing Data, Defi and Stablecoins from Both Chains After Viral Tweet
9.2.2020
On February 7, Cold Card and Opendime creator, Rodolfo Novak (also known as NVK), tweeted a picture of himself with Tron founder Justin Sun and Blockstream’s CEO Adam Back. Novak said “Ethereum was over” and the three had a plan to move Tron to Liquid, a network that leverages...
Tron Founder Justin Sun Finally Met With Warren Buffett for Charity Lunch
6.2.2020
Justin Sun has finally had a charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett after a series of delays
Tron Founder Justin Sun Admits Investment in Crypto Exchange Poloniex
13.11.2019
Tron founder Justin Sun admitted that he is one of the investors that acquired Poloniex
Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange
12.11.2019
Despite an earlier denial, Justin Sun is part of an investment group buying troubled crypto exchange Poloniex
Tron Founder Unveils SUN Network Version 1.0, DAppchain MainNet to Follow Soon!
12.8.2019
Tron Founder Justin Sun has yet again captured all the attention from the crypto and blockchain community. TRON has officially launched Sun Network’s code version 1.0. For all those left amused, Sun Network is a side chain solution of TRON, considered one of the biggest blockchain projects in...