Justin Sun, the creator of Tron, has been accused of fraud and selling unregistered securities, according to the Securities and Exchange Commission.
A U.S. federal court has issued a summons to Justin Sun, the creator of the Tron network and a portion owner of the Huobi cryptocurrency exchange
Binance.US asserts that in making a choice to delist a digital asset, it took into account a number of variables, including US regulatory status.
TRON has a bold vision for the future of the decentralized web. It aims to challenge the dominance of centralized platforms like Google, Facebook, and Amazon by empowering users and content creators with full ownership and control over their data and assets.
TRX price is around $0.06955 at the time of writing, with a low of $0.0458, and it has a market cap of 6.3 billion dollars
Tron made $47.9 million in the last quarter of 2022, a 25% increase compared to Q3,
Over $100 million has been put into the crypto exchange Huobi from a wallet connected to Justin Sun
The founder team of Tron deployed more capital as its stablecoin USDD deviated from the $1 peg
Tron blockchain to allow holders of TRX, BTT, JST, SUN, and HT—to withdraw their tokens from FTX 1:1 to external wallets
The USDD stablecoin, created by Justin Sun, no longer has a dollar peg. Prior to an hour or so, the USDD decreased to $0.970