Winners of the Justin Sun Prize named… but still no prize
Justin Sun has been announcing winners of the Justin Sun Prize but it's still not clear what they’ll win or when they’ll receive their prizes.
Read more (1 min) →Results for Stablecoins, Justin Sun
14 stories, newest first
— Justin Sun, Plasma
Whales dominate Plasma launch
Plasma's public sale launch resulted in a small number of whales dominating the initial allocation and a "gas war."
First Digital defends FDUSD from Justin Sun’s attacks
First Digital Trust has defended its firm after Justin Sun claimed it had misappropriated the vast majority of TrueUSD reserves.
Justin Sun bailed out $500M stablecoin TUSD, report
Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.
Justin Sun’s USDD removes 12,000 BTC without DAO approval
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.
Justin Sun’s empire may be on the verge of collapse
A close review of Justin Sun's wallets and entities reveals assets being quickly moved with inadequate disclosure.
Justin Sun affiliated TrueUSD market cap collapses 50% in 7 days
This dramatic fall in the market cap of TrueUSD follows Binance's delisting of several TrueUSD pairs on March 15.
TrueUSD changes accounting firms… and then de-pegs
TrueUSD has de-pegged across both centralized exchanges and DeFi after switching accounting firms for attestations.
— Crypto, Justin Sun
ChainArgos: Justin Sun’s JustLend doesn’t send ‘stables’ where advertised
USDT that customers once held on Huobi is now daisy-chained into JustLend, a 'decentralized' lending protocol dominated by Sun.
Justin Sun-linked crypto exchange WhiteBIT raises red flags
The little-known exchange is currently advertising an APY of 24.8% to customers who deposit Tether for a year on its platform.