Former Binance CEO Changpeng Zhao denied reports that he agreed to testify against Justin Sun, calling the WSJ story baseless and politically motivated.
Latest News On Justin Sun
Justin Sun is the founder of Tron, a decentralized network for building decentralized applications, with a focus on speed and scalability. Tron’s (TRX) is its native asset and is used within the Tron blockchain system.
In 2013, Justin Sun started his career as the chief representative and adviser at Ripple Labs. Subsequently, he founded Peiwo, an innovative Chinese social networking application.
Stay informed with Cointelegraph’s coverage of Justin Sun.
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Justin Sun cast doubt on the rumors, stating that he has “full trust” in the US Department of Justice and Changpeng “CZ” Zhao.
4638 - Analysis
Stablecoins in the US and Japan are seeing growing adoption, while other projects struggle to stay listed in the EU over compliance issues.
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FDUSD depegged after Justin Sun accused First Digital of insolvency, but the firm has since redeemed nearly $26 million in stablecoins.
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Wintermute’s blockchain transactions point to a smart arbitrage opportunity that arose after FDUSD depegged to $0.87.
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First Digital Trust has denied Justin Sun's claims of liquidity issues, saying it is part of a "smear campaign" to hinder competition.
4889 - Altcoin Watch
An evolving DeFi ecosystem, lucrative yields and inclusion in the US Digital Asset Stockpile could catalyze a Cardano price rally to new highs.
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The SEC, Justin Sun and three of his companies jointly asked a US federal court to pause the regulator’s case against the crypto entrepreneur.
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Once the cheapest blockchain for transferring USDt, Tron saw its USDt gas fees skyrocket above $9 in late 2024, according to data from Tether.
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Zak Folkman, co-founder of Donald Trump’s World Liberty Financial, discussed memecoin regulations and ICOs with Tron founder Justin Sun at Consensus Hong Kong.
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Brian Armstrong, CEO of Coinbase, says the exchange needs to revamp its token listing process to keep up with the surge in new token creation.
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The complaint, filed in December 2024, alleged “antitrust injury” from Coinbase over its decision to delist wrapped Bitcoin in favor of promoting its cbBTC product.
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Coinbase will likely be able to move forward with its intention to suspend wBTC trading on Dec. 19 following a challenge in federal court.
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The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens.
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Some crypto community members have criticized Coinbase for not giving technical reasons for delisting wBTC and justifying its decision by citing Justin Sun-linked risks.
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