Justin Sun fights a lot of lawsuits on behalf of companies he doesn’t own
Justin Sun is involved in several lawsuits, often involving firms in which he’s deeply involved but denies ownership of.
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Justin Sun bailed out $500M stablecoin TUSD, report
Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.
Is HTX redeeming 80% of TrueUSD?
HTX has sent $406 million of the $502 million total TrueUSD to new addresses in the last few months, perhaps pending redemptions.
TrueUSD firms dodge fraud claims with SEC settlement
TrueCoin and TrustToken have settled SEC charges of misrepresenting TrueUSD as 1:1 backed after funds were sent to a speculative, risky fund.
TrueUSD bank FlowBank forced into bankruptcy
FINMA claims that FlowBank “no longer has sufficient capital for its operations as a bank” and says it’s worried the bank is “over-indebted.”
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Jerome Powell defies Trump, keeps crypto restrictions at Fed—by Protos Staff
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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
