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Tron
Tron’s TRX Drops 6% as Binance.US Delists the Token
Binance.US says a variety of factors can lead to de-listing, including regulatory standing in the U.S. and unethical behavior.
Binance Turned Down Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance recently turned down an offer to acquire Tron blockchain founder Justin Sun’s ownership stake in rival exchange Huobi, according to a CoinDesk source. “I must point out that in the past week or so, I have not proposed any offer to [CZ] regarding the purchase of [Huobi], nor have we even discussed Huobi in the past week or so,“ Sun tweeted after the story came out.
Stablecoin Tether's Market Capitalization Nears Record High of $83B
The market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival, Tron.
Tron Founder Justin Sun Reportedly Lost His Diplomatic Status
Grenada recalled all diplomats after the June 2022 election, when the party that granted Sun's title was ousted from power, the Grenada Broadcasting Network reported.
Former SEC Enforcement Branch Chief Reacts to Do Kwon's Fraud Charges
Lisa Bragança, former SEC Enforcement Branch Chief and current Bragança Law Attorney, reacts to U.S. federal prosecutors charging Terraform Labs founder Do Kwon with fraud hours after police arrested him in Montenegro. Plus, her take on the SEC suing Tron founder Justin Sun on market manipulation charges and Coinbase receiving a Wells notice.
The SEC’s Scattershot Approach Shows Its Weakness
By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively police the crypto industry.
SEC Warns Coinbase It’s Pursuing Enforcement Action Over Securities Violations
Crypto exchange Coinbase (COIN) may soon face an enforcement action from the U.S. Securities and Exchange Commission (SEC) tied to its listing of potential unregistered securities. Meanwhile, the SEC is suing Tron founder Justin Sun on allegations that the TRX and BTT tokens are unregistered securities. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.
Tron Network’s TRX Drops 13% Following SEC Charges Against Justin Sun
Other Sun-related tokens such as SUN, JUST and HT also took hits amid the SEC allegations.
Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges
The regulator alleged TRX and BTT are unregistered securities, and claimed Sun created an "extensive wash trading" program to boost their trading volume.
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
In the interim, if granted a VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, to comply with regulators.
