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Results for Spotlight, Stablecoins, Justin Sun

8 stories, newest first

First Digital Trust has defended its firm after Justin Sun claimed it had misappropriated the vast majority of TrueUSD reserves.

Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.

Despite Sun and USDD's claims that it is governed by a DAO, there are no governance votes that seem to correspond to the change.

Jun 20, 2024 — Ethereum, Justin Sun

A close review of Justin Sun's wallets and entities reveals assets being quickly moved with inadequate disclosure.

TrueUSD has de-pegged across both centralized exchanges and DeFi after switching accounting firms for attestations.

Oct 2, 2023 — Crypto, Justin Sun

USDT that customers once held on Huobi is now daisy-chained into JustLend, a 'decentralized' lending protocol dominated by Sun.

Aug 11, 2023 — Crypto, Justin Sun

A single address spent several days spamming thousands of addresses with stUSDT after receiving a small amount from Huobi.

Aug 1, 2023 — Crypto, Curve

Michael Egorov has sold over 39 million CRV tokens in OTC deals to protect against his huge loan position being liquidated.