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XRP24h $3.14-5.59%

Solana24h $229.95+8.41%

BNB24h $701.37-2.04%

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Chainlink24h $23.95-0.44%

Wrapped Bitcoin hides bitcoins for WBTC on Tron

Wrapped Bitcoin has removed WBTC on Tron from its dashboard where it provides proof-of-reserves for the various forms of the token.

Justin Sun reveals Poloniex issues prevent proof of reserves

Poloniex has a page on its website titled ‘Proof of Reserves,’ but this only shows how much Tron is on the platform.

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.

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.

Valkyrie is an investment management firm, and Justin Sun has previously claimed that he’s one of its largest shareholders.