Bitcoin24h $76,045.79+1.69%

Ethereum24h $2,327.45+1.25%

XRP24h $1.43+1.12%

BNB24h $630.47+1.45%

Solana24h $86.02+1.01%

TRON24h $0.3279-1.69%

Dogecoin24h $0.0955+1.26%

Hyperliquid24h $41.39-1.00%

UNUS SED LEO24h $10.28+1.24%

Cardano24h $0.2491+1.47%

Another hard week for the crypto industry — particularly Justin Sun

Sun’s problems have snowballed since the collapse of FTX and the unmasking of Sam Bankman-Fried as a giant fraud.

SEC sues Justin Sun over TRX, BTT, market manipulation

The SEC claims that Sun, the Tron Foundation, the BitTorrent Foundation, and Rainberry Inc. engaged in a scheme involving wash trading.

Rumors on Twitter claim Grenada is revoking His Excellency Justin Sun’s ambassadorship and title — we reached out to uncover the truth.

Sun’s TUSD has seen its market cap go from $750M to nearly $1.2B despite it not being able to get regular attestations from its auditor.

Sun has an interest in cleaning up Huobi’s reputation after the collapse of the exchange’s $1 HUSD stablecoin.