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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.

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.

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.

A close review of Justin Sun’s wallets and entities reveals assets being quickly moved with inadequate disclosure.