Justin Sun frequently tangles with the legal system, historically as a defendant, but increasingly as the plaintiff. These cases often involve firms …
Sun
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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, …
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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 …
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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 …
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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 …
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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 …
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Markets
Justin Sun Stakes $100,000,000 Worth of Ethereum Amid Calls for ‘Tron Meme Season’
by shayaanby shayaanTron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes …
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Finance
Justin Sun plays up TRX-WLFI relationship amid Trump crypto reserve snub
by shayaanby shayaanDonald Trump continues to flex his influence on the crypto markets as America’s “first crypto president,” with his announcements, single-handedly reversed what …
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Regulation
Crypto Billionaire Justin Sun Receives Reprieve From SEC on Fraud Charges
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) is pausing its civil case against Justin Sun, the billionaire founder of Tron (TRX). According …
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Regulation
Justin Sun and SEC Working to Settle Lawsuit Between Them – Tron Price Reacts
by shayaanby shayaanAccording to the latest information, the Tron Foundation has requested a stay of proceedings in the SDNY “to allow the parties to …