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Sources have it that Justin Sun, the inventor of Tron, is in talks to sell some of his holdings in Huobi Global, a crypto exchange. Last year, Justin Sun paid $1b for the crypto exchange after Hong Kong-based investment company About Capital, managed by Leon Li, the exchange’s creator and primary
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Tron founder Justin Sun just announced on Twitter the conclusion of his ambassadorial term for Grenada on March 31. Justin Sun resigned from Tron to fill the Grenada ambassador position to the World Trade Organization (WTO). Recent reports indicate that Justin Sun may no longer work as Grenada’s ambassador. Sun no longer
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Since his appointment, Sun has touted his credentials, styling himself "His Excellency" in interviews and on his social media accounts. Sun tweeted from his diplomatic Twitter account (@HEjustinsun) as recently as October, and, as of press time, he still maintained the "H.E." honorific on his personal Twitter account. He has
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Sun, who was named Grenada's ambassador to the World Trade Organization (WTO) last year, tried to artificially inflate TRX's trading volume through the wash trading scheme, the SEC alleged, by having his own employees "engage in more than 600,000 wash trades of TRX between two crypto asset trading platform accounts
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Other Sun-related tokens such as SUN, JUST and HT also took hits amid the SEC allegations. Source
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The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the organization for promoting tron without disclosing that they were being
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The United States Securities and Exchange Commission, or SEC, has called for a jury trial against Tron founder Justin Sun for the “orchestration of the unregistered offer and sale, manipulative trading, and unlawful touting of crypto asset securities.”In a March 22 filing in U.S. District Court for the Southern District
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Paul “illegally touted” cryptocurrencies “TRX and/or BTT” without disclosing he was being paid to do so, according to a press release. The YouTuber-turned-boxer is among a cast of celebrities the SEC charged Wednesday with participating in a scheme to illegally promote Sun-tied cryptos. Source
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Sun’s USDT is moving after Huobi’s HT Token Dropped 93% and then rebounded. Source
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Sun thinks China is looking at Hong Kong as a kind of experiment, to see if crypto can be regulated on the mainland. If Hong Kong suceeds it could create a change of attitude in Beijing. "So that's why they want to see Hong Kong do it first," he said.
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