Bitcoin24h $84,078.17+0.18%

Ethereum24h $1,588.95-0.71%

XRP24h $2.07-0.73%

BNB24h $582.48-0.17%

Solana24h $130.88+2.94%

TRON24h $0.2450-3.00%

Dogecoin24h $0.1554-0.27%

Cardano24h $0.6138-0.33%

UNUS SED LEO24h $9.44+0.74%

Chainlink24h $12.39+0.23%

Justin Sun’s USDD removes 12,000 BTC without DAO approval

Despite Sun and USDD’s claims that it is governed by a DAO, there are no governance votes that seem to correspond to the change.

MakerDAO disables WBTC borrows after Justin Sun involvement revealed

MakerDAO has passed an executive vote to disable future WBTC borrows after it was revealed that Justin Sun will soon be involved.

BiT Global, BitGo, and Justin Sun are launching a new joint venture for WBTC, but a deeper review of BiT Global finds other ties to Sun.

Justin Sun is now involved with the WBTC products offered by BitGo, but his history with this type of product raises concerns.

Sun is apparently keen to start a billion-dollar fund to save the entire crypto space in the midst of a 20% drawdown of most tokens.