Tag: Justin Sun
-
Justin Sun Invests $8M to Bring River’s satUSD to TRON
January 10, 2026. Justin Sun has invested $8 million into River, backing the rollout of its chain abstraction stablecoin satUSD within the TRON DAO ecosystem. The funding supports immediate deployment of satUSD across TRON native DeFi venues, including liquidity pools on SUN.io, lending and borrowing on JUST DeFi, and oracle integration via WinkLink, positioning satUSD…
-
Chain Considers Legal Action Against Justin Sun Over Market Manipulation Allegations
Blockchain protocol Chain has announced it is exploring legal action against Justin Sun, founder of TRON, following accusations of market manipulation. The controversy erupted after Sun alleged that Chain engaged in high-leverage trading practices harmful to exchange users. Sun’s Accusations and Chain’s Rebuttal In a Jan. 24 X post, Sun claimed Chain used high-leverage contracts…
-
Justin Sun Transfered $244.9 Million in Ethereum to HTX on Christmas Eve
Justin Sun, the founder of Tron, moved 70,182 Ethereum (ETH) worth $244.9 million to HTX (formerly Huobi) on Christmas Eve. The transaction, highlighted by Spot On Chain, included 42,905 ETH unstaked from Lido Finance, a decentralized liquid staking platform. An additional 27,277 ETH came from Etherfi, bringing his total deposits to HTX in late December…
-
Justin Sun Withdraws $209 Million in ETH from Lido
Justin Sun, founder of TRON, has applied to withdraw 52,905 ETH, valued at $209 million, from Lido Finance. The move follows his ongoing Ethereum accumulation strategy, under which he allegedly acquired 392,474 ETH at an average price of $3,027, now reflecting an estimated profit of $349 million. This withdrawal isn’t Sun’s first major ETH move.…