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.
Justin Sun is involved in several lawsuits, often involving firms in which he’s deeply involved but denies ownership of.
Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.
HTX has sent $406 million of the $502 million total TrueUSD to new addresses in the last few months, perhaps pending redemptions.
TrueCoin and TrustToken have settled SEC charges of misrepresenting TrueUSD as 1:1 backed after funds were sent to a speculative, risky fund.
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.”