Bitcoin24h $64,342.40+0.33%

Ethereum24h $1,917.01+1.10%

BNB24h $601.68+0.18%

XRP24h $1.00+0.86%

Solana24h $77.24+1.91%

TRON24h $0.3326-0.04%

Hyperliquid24h $58.28-2.36%

Dogecoin24h $0.0700+0.17%

Zcash24h $505.55+0.06%

UNUS SED LEO24h $9.24-2.30%

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.