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.
Bitcoin24h
$94,718.08+1.37%
Ethereum24h
$1,800.08+1.87%
XRP24h
$2.19+0.40%
BNB24h
$602.33-0.11%
Solana24h
$151.49-0.38%
Dogecoin24h
$0.1869+3.25%
Cardano24h
$0.7213+1.35%
TRON24h
$0.2437-0.10%
Sui24h
$3.64+8.04%
Chainlink24h
$15.11+0.73%
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.
Huobi monetizes FTX collapse with opaque debt token
Justin Sun’s Huobi has announced it will list the FTX User Debt (FUD) token issued by the DebtDAO, though details are sparse.
Justin Sun confirms 20% staff cuts at Huobi amid insolvency rumors
Rumors have been swirling about Huobi’s insolvency and employee cuts. Now, advisor Justin Sun confirms 20% of staff will be let go.
Coinbase staff told to wait an hour to discover if they were fired
According to an SEC filing, the cuts will leave Coinbase with around 5,000 remaining staff and will cost somewhere in the region of $40 million.
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Tether thinks Jack Mallers will keep focus on Twenty One’s BTC, not USDT—by Protos Staff
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Has your senator invested in cryptocurrency?—by Protos Staff
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Zora abandons NFTs without warning, launches airdrop with zero rights—by Protos Staff
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BlackRock and MicroStrategy hold more BTC than Satoshi—by Protos Staff
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What’s the deal with Zora, Base, and content coins?—by Protos Staff
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Abandoned DeFi websites used to host crypto wallet drainers—by Protos Staff
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Chinese chip used in bitcoin wallets is putting traders at risk—by Protos Staff
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MicroStrategy bought BTC at nearly the worst possible price last week—by Protos Staff
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Gold has outperformed bitcoin by nearly 40% this year—by Protos Staff
