Former Binance CEO Changpeng Zhao, who goes by CZ, and Tron founder Justin Sun strongly denied a Wall Street Journal report claiming …
Justin
-
-
Regulation
Justin Sun downplays WSJ report of CZ cooperating with DOJ against him
by shayaanby shayaanKey Takeaways Justin Sun said he trusts CZ after a report of DOJ cooperation against him. Binance is negotiating with US Treasury …
-
Justin Sun’s allegations that Hong Kong-based custodian First Digital Trust is insolvent have landed him in the cross-hairs of a defamation claim …
-
Regulation
Justin Sun fights a lot of lawsuits on behalf of companies he doesn’t own
by shayaanby shayaanJustin Sun frequently tangles with the legal system, historically as a defendant, but increasingly as the plaintiff. These cases often involve firms …
-
Regulation
Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations
by shayaanby shayaanHONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, …
-
Regulation
Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations
by shayaanby shayaanHong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer …
-
Markets
First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions
by shayaanby shayaanA prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In …
-
Markets
Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency
by shayaanby shayaanIn a surprising turn of events, Justin Sun, a prominent figure within the Tron (TRX) ecosystem, has revealed that First Digital Trust …
-
Markets
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
by shayaanby shayaanFDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its …
-
Markets
Tron's Justin Sun Bailed Out TUSD as Stablecoin's $456M Reserves Were Stuck in Limbo, Filings Show
by shayaanby shayaanJustin Sun bailed out Techteryx’s TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to …