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.
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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.
A close review of Justin Sun's wallets and entities reveals assets being quickly moved with inadequate disclosure.
USDD, an algorithmic stablecoin, stores part of its collateral at HTX, a fact that no partners were willing to address.
— BitTorrent, Crime
Justin Sun pushed a no-moderation policy at file-sharing giant BitTorrent, according to documents received by Protos.
— Justin Sun, Legal
Justin Sun claimed his ambassadorial role granted him diplomatic immunity. Unfortunately, this only applies while on official business.
Poloniex, a Justin Sun-owned exchange, offers a WBTC product on Tron that's currently trading at a more than 20% discount on Poloniex.
Justin Sun spent $28 million on a trip to space through Jeff Bezos' Blue Origin. However, he's so far missed six launches.
— Circle, Justin Sun
USDC issuer Circle has announced that it would no longer be continuing support for the stablecoin on Justin Sun's TRON blockchain.
— Justin Sun, Legal
It's not known when Sun will appear in court and it's likely that his legal team will request another extension and subsequent delay.
Justin Sun is one of the most important people in crypto so why is it so difficult to determine exactly how wealthy he is?