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While Justin Sun’s Tron (TRX) was the talk of the town for several years, the advent of new assets put TRX in the backseat. But the altcoin was seen making a major comeback. Despite its price rut for years, TRX has managed to remain within the top 10. With a market cap of $20.6 billion, the asset stands as the 10th largest cryptocurrency in the market. Amidst this, TRX’s price took a huge dip. The real question is if the altcoin can recover by the end of the month. Also Read: Stock Market Volatility Increases as Fed Holds Ferm on Interest Rates How Is Tron’s TRX Faring At the Moment? Source: Coin Culture TRX was among the assets that encountered a drop in price over the past 24 hours. At the time of writing, the cryptocurrency was trading at $0.2393 after recording a daily dip of 1.65%. The altcoin was trading at a high of $0.2436 just earlier today before dropping to a low of $0.2378. Source: CoinMarketCap Similar to an array of assets, Justin Sun’s TRX pocketed...

HTX advisor Justin Sun is currently engaged in a dispute with former Huobi owner Li Lin over whether or not Huobi/HTX had a $30 million hole in its books when it was sold to About Capital Management in 2022. The dispute is the latest chapter in the pair’s years-long feud. A machine translation of a recent X post by Sun includes a story in which he accuses the Huobi founder of concealing the hole, leading to Sun having to loan money to the exchange. A statement purportedly from Li has been posted to X in which he claims that Sun is misrepresenting the state of the exchange at the time of purchase and says that the hole that Sun is describing was a margin call that the exchange believed could still be recovered. The statement also mentioned that the exchange’s revenue had already covered the hole. 李林的立场一直是，我知道有3000万没还你，我需要核实，但是你一去找他核实他就影子都不见了 然后就是扯啥理性，法律啊，沟通啊，问题香港我们也起诉了 https://t.co/vC9Csg3rCv — H.E. Justin Sun (@justinsuntron) February 5, 2025 ...

World Liberty Financial, the crypto-based project backed by Donald Trump and his family, will acquire more TRON (TRX) tokens after purchasing $9.8 million worth of Wrapped Bitcoin (WBTC), CoinDesk reported, citing a person familiar with the plan. World Liberty Financial now holds $352 million worth of crypto, including $181 million of Ethereum (ETH), $56 million WBTC, $32 million of staked ether (STETH), and $7.4 million of TRX, according to blockchain Analysis platform A rkham. Most token buys come after sales of the project’s WLFI tokens. Of the 25 billion tokens still available, around 2.4 billion were sold.  World Liberty Financial Has Raised $1.1 Billion Since the World Liberty Financial platform was launched in September, it has raised $1.1 billion. At the beginning, the platform said it would sell 20% of the 100 billion tokens they created. However, the website soon listed an additional 5 billion tokens.   After the $TRUMP and $MELANIA meme coins were ...

HTX, formerly Huobi, is an exchange deeply connected to controversial crypto entrepreneur and trader Justin Sun, and its activities raise concerns about solvency and Sun’s effective control of user assets. Ownership While Sun denies controlling HTX, he’s previously admitted to being an ‘advisor’ and the business itself has previously described him as its leader.  Justin Sun and Huobi play shell game with ownership It appears that the acquisition of Huobi by About Capital Management in 2022 — a move that coincided with Sun’s appointment to the Huobi Global Advisory Board — marks the point at which his relationship with the exchange started to deepen. Even the rebranding of Huobi to HTX may have been connected to this change in ownership, with the former owners, New Huo Tech and HBIT, openly denying connections to Huobi online and threatening lawsuits against the exchange for continuing to use the name.  Additionally, Sun has reportedl...

In the vibrant world of Crypto currency, Justin Sun , the Tron blockchain founder, has made a buzzworthy move by securing a whopping 656.4 billion Shiba Inu tokens in his wallet. Meanwhile, Gala and Borroe Finance , two rising stars in the blockchain universe, are gearing up for anticipated sharp price increases. >>BUY $ROE TOKENS NOW<< Justin Sun’s Massive Shiba Inu Haul Justin Sun‘s appetite for Shiba Inu tokens is turning heads in the crypto community. After his recent withdrawal of 656.4 billion SHIB tokens from Binance, it’s clear that he sees significant potential in this altcoin. Initially brushed off as a meme coin, Shiba Inu has gained traction and respect in the Crypto market. Sun’s massive investment in SHIB tokens not only showcases his confidence in its potential but also signals a broader market interest in altcoins beyond the usual heavyweights. Gala Games: The Next Big Thing in NFT Gaming Gala Games, a plat...

Former TrustLabs CEO Daniel Jaiyong An has filed a pro se lawsuit against Archblock that includes details about a Tron acquisition of TrueUSD that he had a part in negotiating.  Jonathan Reiter, the chief exec of blockchain analytics firm ChainArgos, highlighted that one of the people involved in that negotiation was Can Sun. Sun was apparently representing Tron during the attempted acquisition, with An stating in the lawsuit: “Unfortunately, as I finalized negotiations between Justin Sun, Tron, and Can Sun (who was representing Tron as legal counsel), the vote out occurred.” FTX knew Justin Sun owned tusd – because FTX intl's gc was tron's lawyer when buying it! more connections revealed in the archblock lawsuit, FTX /sbf laundering crimes all but provenhttps://t.co/gWLCsuAsCh — Data Finnovation (@DataFinnovation) July 21, 2023 The Can Sun involved is almost certainly the same one that had previously worked at Fenwick & West at the same time...