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FTX estate says Justin Sun still owes it millions

The FTX estate is filing an amended complaint alleging that Justin Sun owes millions of dollars worth of assets it’s failed to turn over.

‘Someone’ is taking advantage of HTX’s reserves

Justin Sun-owned HTX’s reserves are troubling, with most stablecoins being lent out and most of the BTC in an opaque tokenized variant.

Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE.

Bloomberg has reported that Justin Sun controls approximately 63% of all Tronix (TRX) in the TRON protocol.

Justin Sun has taken to X to defend HTX’s reserves, however, a close review reveals HTX is lending 92% of its USDT on Aave.