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.
Bitcoin24h
$103,475.39+1.78%
Ethereum24h
$2,638.10+8.58%
XRP24h
$2.55+4.29%
Solana24h
$179.33+6.90%
BNB24h
$660.51+2.73%
Dogecoin24h
$0.2366+8.17%
Cardano24h
$0.8140+4.48%
TRON24h
$0.2713+3.40%
Sui24h
$3.95+2.90%
Chainlink24h
$17.15+6.20%
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.”
-
David Bailey’s Nakamoto exceeded 23X mNAV, 11X higher than MSTR—by Protos Staff
-
Ripple played Trump to pump XRP — now he’s cutting ties—by Protos Staff
-
EXCLUSIVE: Ex-SafeMoon CTO admits rug pull, details insider exemptions—by Protos Staff
-
Bitcoin nodes protesting OP_RETURN change hit all-time high—by Protos Staff
-
John Karony trial starts with a confused witness and SafeMoon merch—by David Z. Morris
-
Zerebro’s ‘dead’ founder Jeffy Yu is still dumping tokens—by Protos Staff
-
The corporate interests taking over Bitcoin development—by Protos Staff
-
Cash is 0.04% of Tether’s assets—by Protos Staff
-
Moderators censor Bitcoin devs as OP_RETURN war rages on—by Protos Staff
