Bitcoin24h $62,645.42-1.88%

Ethereum24h $1,695.09-1.87%

BNB24h $575.03-2.24%

XRP24h $1.13-3.01%

Solana24h $68.56-3.32%

TRON24h $0.3201+0.08%

Hyperliquid24h $66.63-3.68%

Dogecoin24h $0.0824-2.11%

UNUS SED LEO24h $9.59-1.08%

Zcash24h $449.59-2.52%

Justin Sun owns more TRX than everyone else combined, report

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

Justin Sun’s USDD has problems

USDD, the Justin Sun-founded stablecoin, has abandoned its DAO, rebuilt its collateral system, and has highly concentrated holdings.

Justin Sun’s role at World Liberty Financial couldn’t save him from its blacklist, where he represents 99.9% of all tokens frozen.

TRON founder Justin Sun has been quick to embrace Donald Trump, and TRON has far outperformed BTC since Trump’s election.

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.