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Tag: Justin Sun

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Justin Sun’s High-Yield Project Stirs $1.8 Billion Surge, Posing Risks For Huobi Global

Central issues: Justin Sun’s stUSDT project baits $1.8 billion in 2.5 months with 5% profits from okay resources. Huobi Worldwide, the trade working with stUSDT speculations, faces developing examination and chance as its crypto holds shift. Concerns emerge over straightforwardness and the effect on Huobi’s monetary soundness in the midst of the ascent of stUSDT.…
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Justin Sun Can Buy Back The TRX Held By FTX To Avoid Negative Effects

Key Points: Justin Sun, organizer behind TRON, is examining a delicate proposal for TRX tokens held by FTX to moderate their effect on the crypto local area when sold. As of August 31, 2023, FTX had approximately $3.4 billion in highly liquid cryptocurrencies and planned to sell them at a rate of $100-200 million per…
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In connection with Poloniex and Justin Sun, Huobi’s Asset Reserve Certificate soars 53.3%

Key Points: Since June 1st, Huobi’s BTC asset accumulation has increased by 53.3%, adding 8,300 BTC in just one month. The accumulation of TRC20-BTC, a type of Bitcoin token based on the TRON network, is responsible for the majority of this rise. The exchange in address related with the increment is firmly connected to conspicuous…
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Justin Sun: The $405 Million TUSD Exchange Is To Advance Market Making

Key Points: According to Justin Sun, team members have asked for a full refund after erroneously spending a portion of their TUSD on exchange activities. He stated that some team members misappropriated some of the money to participate in exchange activities because they were unaware of the intended use. In response to Changpeng Zhao, Justin…
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Aave V2 Transfers 82 Million USDC To DAI Through Justin Sun’s Address

Key Points: 82 million USDC are transferred to DAI by Justin Sun’s address from Aave V2. The stablecoin’s price has dropped below $0.95 USD, marking the lowest level since it was launched in 2018. On March 11, a fresh transaction using USDC was discovered on the Justin Sun address, according to Paidun’s monitoring data.  …
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