Bitcoin24h $78,584.14-0.45%

Ethereum24h $2,488.75+0.12%

BNB24h $748.61+1.13%

XRP24h $1.41+1.30%

Solana24h $103.11-0.05%

TRON24h $0.3390+1.23%

Hyperliquid24h $85.14+1.37%

Zcash24h $1,177.96+4.20%

Dogecoin24h $0.0895-0.56%

Monero24h $501.43-1.48%

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.