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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Bitcoin DeFi project ALEX exploited again, aBTC depegs—by Protos Staff
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From STRF to STRD — is Michael Saylor just selling junk bonds?—by Protos Staff
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HTX withdraws $570M from Aave, briefly spikes lending rates—by Protos Staff
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No, California didn’t pass a law to seize your idle bitcoin—by Protos Staff
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ANALYSIS: Does the Circle IPO value Tether at $316B?—by Protos Staff
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Ripple’s Chris Larsen to fund police surveillance, drones in San Francisco—by Protos Staff
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Tornado Cash founder Roman Storm is running out of money for legal fees—by Protos Staff
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Does Ross Ulbricht owe back taxes on crypto donations?—by Protos Staff
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Circle IPO traders send wrong CRCL stock up 16,000%—by Protos Staff
