New data from blockchain-tracking service Lookonchain reveals that the founder of Tron (TRX) is gobbling up hundreds of millions of dollars worth of Ethereum (ETH) as the crypto market goes through a correction. In a new thread on the social media platform X, Lookonchain says that Justin Sun, who founded Tron in 2017, has accumulated […]
The post Tron Founder Justin Sun Accumulates Over $559,000,000 in Ethereum (ETH) Amid Crypto Correction: Lookonchain appeared first on The Daily Hodl.
The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel within the U.S., totaling at least 380 days between […]
The SEC filed an amended suit against Justin Sun after the Tron founder sought to dismiss the suit last month, claiming the regulator had no jurisdiction.
The United States Securities and Exchange Commission has rejigged its lawsuit against Tron founder Justin Sun, claiming he’s “traveled extensively” throughout the country — thus giving it jurisdiction.
The regulator argues it has “personal jurisdiction” over Sun, Tron and two other businesses he controls, as they “purposefully took actions in and directed toward the United States,” it wrote in an April 17 amended complaint to a Manhattan federal court.
Sun spent a total of over 380 days in the U.S. between 2017 and 2019 on business trips to New York City, Boston and San Francisco, the SEC claimed.
Academy award-winning composer Hans Zimmer has created an anthem for TRON, founded by the controversial entrepreneur Justin Sun, a prominent figure in the cryptocurrency space known for his brash personality. The Tron Anthem by Zimmer, dubbed the song for the “Web3 Generation,” aims to encapsulate the trials Sun has faced, amidst Sun being sued by […]
Tron Foundation and other firms associated with Tron (TRX) founder Justin Sun are asking a judge to dismiss the lawsuit lodged against them by the U.S. Securities and Exchange Commission (SEC). In a motion filed late last month, lawyers for Tron say that the SEC is going beyond its jurisdiction when it moved to regulate […]
The post Tron Foundation Files Motion To Have SEC Lawsuit Dismissed, Says Agency ‘Not a Worldwide Regulator’ appeared first on The Daily Hodl.
In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash. Heco Bridge Exploiter Transfers Millions Worth of Ether to Tornado […]
The hackers who struck Heco Bridge, a project linked to Tron (TRX) founder Justin Sun, have been funneling their stolen Ethereum (ETH) into the sanctioned crypto mixer Tornado Cash (TORN). The blockchain security firm PeckShield notes the exploiters sent 40,391.8 ETH worth approximately $145.7 million to Tornado Cash in the past eight days. In November, […]
The post Heco Bridge Exploiters Funnel $145,700,000 Worth of Ethereum Into the Crypto Mixer Tornado Cash: PeckShield appeared first on The Daily Hodl.
Billionaire and founder of Tron (TRX) Justin Sun is revealing his Bitcoin (BTC) holdings on crypto exchange HTX. Sun tells his 3.5 million followers on the social media platform X that his HTX account holds 28,613 BTC, worth about $1.62 billion at time of writing. Sun is an advisor for HTX, formerly known as Huobi, […]
The post Justin Sun Reveals $1,622,357,100 Stash of Bitcoin (BTC) Sitting on Crypto Exchange HTX – Here’s Why appeared first on The Daily Hodl.
A crypto whale has been spotted rapidly accumulating nine figures worth of Ethereum (ETH) in less than a day and a half. First reported by blockchain tracker Lookonchain, an unknown entity withdrew 54,721 ETH worth $154.4 million from crypto exchange Binance and decentralized exchanges (DEXes). Based on the history of the address in question, Lookonchain […]
The post Whale Abruptly Accumulates 54,721 Ethereum Worth $154,400,000 in Just 32 Hours: On-Chain Data appeared first on The Daily Hodl.
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network. Justin Sun’s Outlines Vision to Merge Tron and Bitcoin Networks […]