Tron Founder Calls for Huobi Founder’s Brother To Return Millions of HT Tokens Received for Free
Justin Sun, founder of Tron and "advisor" to Huobi, criticized the younger brother of Huobi founder Li Lin, Li Wei, for receiving millions of Huobi tokens for free and profiting from selling them. Sun stated that Wei should not have received the tokens in the first place and that the HT DAO committee plans to negotiate a refund and destruction of his remaining tokens. Sun emphasized the importance of fairness and rewarding those who contribute to the growth and development of HT DAO. Huobi recently announced a stake sale, but did not disclose the terms of the deal with About Capital Management. The price of Huobi's HT token has fallen over the past month but has recovered slightly following Sun's tweets.
Crypto Entrepreneur Justin Sun Accuses Huobi Founder's Brother of Selling Free Tokens for Millions
Justin Sun, a crypto entrepreneur, has accused Li Wei, the brother of Huobi's exchange founder Li Lin, of acquiring Huobi Tokens (HT) for free and selling them for millions on the platform. Sun claims that Wei received the tokens at no cost and has been making huge profits by selling them on Huobi. Sun has promised to recover and destroy the remaining tokens with Wei through the help of the Huobi Global Advisory Committee and the HT DAO community. Huobi founder Li Lin has asked Sun to provide evidence of his claims and promised to pay a 10-times compensation if they are true.
TRON Founder Justin Sun Admits to Acquiring Huobi, but Views Binance as an Essential Partner, Not a Competitor
TRON founder Justin Sun has denied rumors that he owns a controlling stake in Huobi Global, stating that his role with the company is as an advisor. However, he has represented Huobi in a high-level capacity and announced the potential merger of Huobi and Poloniex in November 2022.
Justin Sun Receives Influx of Near-Worthless Memecoins After Twitter Announcement
Justin Sun's recent tweet about trading memecoins for "fun" has resulted in an influx of near-worthless tokens being gifted to him. This tactic of sending memecoins to popular influencer addresses to trick people into buying them is a common ruse used by scammers and promoters.
Crypto Entrepreneur Justin Sun to Trade Memecoins and Donate Profits to Charity
Crypto entrepreneur Justin Sun has announced that he will start trading memecoins and other promising projects using his public address. He plans to donate profits from these trades to charity and bear any potential losses himself. However, Sun warns that his trades should not be taken as financial advice and that there is no guarantee that any of the projects he buys will be listed on exchanges he is affiliated with. Despite this, Sun's public address has already received multiple sh*tcoins since his announcement. Additionally, Sun's Tron and BitTorrent networks have offered a $1 million support fund for memecoin developers, incentivizing them to use their ecosystems to develop their tokens. Trading volume for memecoins has soared recently, with Coinbase reporting that trading volume for these tokens reached over $2.3 billion last week. However, investors appear to be taking profit from the space as all the top 10 assets by market cap in the sector fell by an average of 5% in the last 24 hours.
Crypto Morning Briefing: Justin Sun Issues Apology After Sui LaunchPool Clash With Binance CEO
Blur Marketplace Revolutionizes NFT Lending With New P2P Protocol Launch; a16z Crypto Urges the UK To Consider ‘More Nuanced’ Regulatory Framework; Bitget Crypto Exchange Still Hiring, Eyes Hong Kong License, To Rebrand BitKeep Wallet
Justin Sun Issues Apology After Sui LaunchPool Clash With Binance CEO
On May 1, Binance CEO Changpeng Zhao (CZ) issued a warning to Tron founder Justin Sun regarding a deposit of 56.1 million TrueUSD to Binance.
Binance CEO Warns Tron Founder Against Using Bots for LaunchPool, While Tron Clarifies TUSD Deposit Purpose and Refunds Wrongly Used Funds
Binance CEO CZ has publicly warned Tron founder Justin Sun against using bots to grab Binance's LaunchPool Sui token.
TRON Founder Justin Sun Redeems 43.19 Million TRX and Transfers to Binance
April 29 (Cointime) - According to Twitter user @BitcoinEmber, Justin Sun, the founder of TRON, redeemed 43.19 million TRX from the Venus and PancakeSwap platforms, and transferred them to Binance in three separate transactions, totaling 56.19 million TRX (equivalent to $3.68 million).
TRON Founder Justin Sun Redeems 43.19 Million TRX, Transfers to Binance in Multi-Million Dollar Move
Justin Sun, the founder of TRON, redeemed 43.19 million TRX from the Venus and PancakeSwap platforms.