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 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.
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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.
Stablecoin issuer Circle is ending support for its US dollar-pegged digital coin on the Tron (TRX) blockchain. Circle says it will stop minting USDC on the Justin Sun-founded network effective immediately, though it will continue to support transfers and redemptions until February 2025. “Circle Mint customers may transfer USDC on TRON to other supported blockchains […]
The post Circle Announces Plans To Phase Out Support for USDC on the Justin Sun-Founded Blockchain Tron appeared first on The Daily Hodl.
Digital assets manager CoinShares says institutions poured $1.1 billion into crypto investment products one month after the U.S. Securities and Exchange Commission (SEC) approved spot BTC exchange-traded funds (ETFs). In its latest Digital Asset Fund Flows report, CoinShares finds that crypto investment products saw over a billion dollars in inflows last week and show no signs […]
The post Ethereum and Cardano Lead Institutional Altcoin Inflows As $1,100,000,000 Hits Crypto ETPs: CoinShares appeared first on The Daily Hodl.
Cryptocurrency analyst and trader Ali Martinez says that one top-10 altcoin by market cap is flashing a bullish signal after a weeks-long downtrend. Martinez tells his 43,600 followers on the X social media platform that XRP is “poised for an upswing” that could last “one to four weeks” based on the Tom Demark (TD) Sequential […]
The post Crypto Analyst Predicts Surge for One Top-10 Altcoin Lasting up to Four Weeks, Updates Outlook on Tron (TRX) appeared first on The Daily Hodl.
Billionaire and founder of Tron (TRX) Justin Sun has withdrawn tens of millions of dollars worth of digital assets from crypto exchange Binance in the last month, according to on-chain data. Blockchain tracking firm Lookonchain says that between December 18th and January 21st, Sun has withdrawn several different altcoins from Binance, including $43 million worth […]
The post Tron Founder Justin Sun Withdraws $60,000,000 Worth of Crypto From Binance in One Month: On-Chain Data appeared first on The Daily Hodl.
The stablecoin issuer Tether has minted $8 billion worth of USDT on Ethereum (ETH) and Tron (TRX) in the past three months, according to the crypto tracker Lookonchain. Lookonchain notes the Tether treasury just minted $1 billion in USDT on Ethereum on Monday. Tether CEO Paolo Ardoino says the recent minting was an “inventory replenish” […]
The post Tether Mints $8,000,000,000 in USDT on Ethereum (ETH) and Tron (TRX) Within Three Months: On-Chain Data appeared first on The Daily Hodl.
A widely followed crypto strategist thinks that rallies are in sight for the layer-1 blockchain Tron (TRX) and the decentralized finance (DeFi) lending protocol Aave (AAVE). Pseudonymous analyst Rekt Capital tells his 373,000 followers on the social media platform X that TRX ended November on a bullish note after the crypto asset closed above its […]
The post Crypto Trader Predicts Rallies for Tron and Aave, Updates Outlook on Chainlink and Polkadot appeared first on The Daily Hodl.
