Bitcoin24h $91,427.24+1.32%

Ethereum24h $3,152.36+1.01%

XRP24h $2.06+0.30%

BNB24h $884.62+0.61%

Solana24h $134.52+1.51%

TRON24h $0.2944+2.01%

Dogecoin24h $0.1527+6.35%

Cardano24h $0.4001+0.54%

Bitcoin Cash24h $648.08+3.32%

Chainlink24h $13.38+0.90%

‘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.

CHART: Strategy and TRON Inc. down bad compared to bitcoin this year

Both Strategy and TRON Inc. have underperformed BTC and shed value since TRON Inc.’s reverse merger was announced.

Justin Sun has launched and endorsed a huge number of cryptocurrency projects, and many have since been abandoned.

Qian Zhimin wanted to be queen of the Justin Sun-led micronation Liberland but was instead sentenced to 11 years in a UK prison.

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