Tron’s Justin Sun Mulls Over Making A Move On FTX’s Crypto Stash, Here’s Why
In a completely unexpected move, Justin Sun, Founder of Tron and Advisor to Huobi Global has expressed his interest in acquiring FTX’s
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Trons
Security firm exposes $500m vulnerability in TRON’s multisig accounts
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Security researchers have recently disclosed a critical zero-day vulnerability in the TRON blockchain that could potentially expose $500 million worth of cryptocurrency to theft. The vulnerability, discovered by the 0d research team at dWallet labs, specifically
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US court issues summons to Tron’s Justin Sun, threatens default judgment if no response
A United States court has issued a summons to Tron founder Justin Sun’s Singapore address in connection to a Securities and Exchange Commission (SEC) civil case.In an April 12 filing, the U.S. District Court for the Southern District of New York ordered Sun to respond to the summons within 21
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Tron’s TRX Down 6% as Binance.US Delists Token
"We operate in a rapidly evolving industry and our digital asset monitoring process is designed to be responsive to market and regulatory developments. When a digital asset no longer meets our high standards, or industry circumstances change, we conduct a more in-depth review of the affected asset and assess whether
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SEC files lawsuit against Tron’s Justin Sun and celebrities over crypto securities offering
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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Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets – Bitcoin News
Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the
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Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023 – Bitcoin News
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is
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Tron’s Justin Sun Was Secret Top Client of Crypto Asset Manager Valkyrie
In other words, Valkyrie Investments, a money manager that pitches crypto products to Wall Street investors, mostly relied on Justin Sun, a controversial Chinese crypto billionaire. (The current state of Valkyrie’s assets is unknown.) Sun has also said he’s one of Valkyrie’s biggest shareholders. Original Source
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Tron’s USDD Stablecoin Falls to Under $0.97, Lowest Level Since June
UST crashed in May, destroying billions in investor wealth. However, before the crash, UST's market capitalization was $18 billion – or 18 times bigger than UST's going market value of less than $1 billion. In other words, the fallout from a potential USDD collapse might be less severe than UST. Original
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El Salvador’s President Nayib Bukele and Tron’s Justin Sun to Buy One Bitcoin Every Day
Sun's Tron DAO Reserve, a community-focused body that supports development on the Tron network, has acquired millions in BTC, Tron's native token TRX and tether (USDT) as collateral backing its dollar-pegged stablecoin USDD. At press time, the collateral backing USDD included 14,040.6 BTC, 240 million USDT, 442,323,460, and 954 million
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