BitTorrent [New] PriceBTT

current situation of Justin Sun, the founder of TRON (TRX): 1. Legal Troubles in the U.S. Justin Sun is currently engaged in discussions with the U.S. Securities and Exchange Commission (SEC) to resolve a civil fraud case filed against him. The SEC accused him of: Offering and selling unregistered securities (TRX and BTT). Using celebrities to promote the tokens without proper disclosure that they were paid. Source: Reuters, Feb 2025 --- 2. Investment in Trump-Linked Project In November 2024, Sun invested $30 million into World Liberty Financial (WLFI) — a DeFi project backed by the Trump family. He acquired a 10% stake in the company. He was also appointed as an official advisor to WLFI. Source: DailyHodl --- 3. Role in HTX (formerly Huobi Global) Justin Sun has taken over full control of Huobi Global, now rebranded as HTX. Though he initially joined as a strategic advisor in October 2024, he now leads the platform. Source: Crypto.news --- 4. Legal Victory in China In China, Justin Sun won a lawsuit against a media outlet that spread false information about him. The court ordered the outlet to retract the reports and issue a public apology. Source: BlockJournal --- 5. Market Confidence Despite market volatility, Sun remains confident in the future of TRX, stating that the token will reach new all-time highs. Source: CoinGape --- In summary: Justin Sun is still very active in the crypto space, navigating both legal challenges and new business ventures, while maintaining strong confidence in the TRON ecosystem. Let me know if you want a quick infographic or news post format for this! $TRX

Few figures in crypto are as polarizing as Justin Sun, the founder of TRON ($TRX) and one of the richest men in the industry. From building billion-dollar empires to being pursued by U.S. regulators, his story is a rollercoaster of ambition, controversy, and sharp predictions for the future of crypto. Let’s explore his journey, legal troubles, empire, and his 5 big predictions for the market. Who is Justin Sun? ♦️ Born on July 30, 1990, in Xining, China ♦️ Holds three higher education degrees, including from Peking University and the University of Pennsylvania ♦️ Recognized by Forbes 30 Under 30 Asia in 2017 ♦️ Built his wealth entirely from crypto in under 5 years TRON: The Project That Changed Everything ♦️ Justin launched TRON ($TRX), which quickly became one of the top tokens on CoinMarketCap ♦️ The project raised $70 million through an ICO in its early stages ♦️ Within a year, TRON moved to its own mainnet, generating millions in fees ♦️ TRON now processes billions in transactions, especially in DeFi and stablecoins Expansion of His Crypto Empire ♦️ Acquired major platforms including: – Poloniex (crypto exchange) – Huobi Global (tier-1 exchange) – BitTorrent (file-sharing protocol with token utility) ♦️ These acquisitions increased his influence — but also brought regulatory attention The Controversies & Legal Battle ♦️ In March 2023, the SEC filed a lawsuit against Justin Sun and his companies ♦️ Charges included: – Unregistered offering of securities ( $TRX , $BTT ) – Market manipulation ♦️ Poloniex suffered a $100M hack ♦️ Allegations of insider dumping on BitTorrent ♦️ Recent reports suggested CZ (Binance) may have testified against him as part of a DOJ deal — CZ denied these claims on X Despite the Heat – Justin Sun is Still Bullish Even with legal pressures mounting, Justin continues to remain active and vocal in the space. Here are his top 5 predictions and strategic positions: 1. $TRX Will Dominate ♦️ TRON remained strong during recent market crashes ♦️ Justin believes American VCs should start accumulating $TRX ♦️ Daily usage and DeFi volume on TRON continue to grow steadily 2. HODL $ETH – No Matter What ♦️ Justin personally holds 665,000 ETH, worth nearly $1 billion ♦️ He vows not to sell any of it ♦️ He proposes pushing ETH to $10,000 by: – Banning Ethereum Foundation sales – Taxing Layer 2 solutions – Strengthening developer adoption 3. TRON-Based Memecoins Will Rise Again ♦️ In early 2024, TRON memecoins brought huge gains to early buyers ♦️ Although current activity is low, Justin is quietly rebuilding the ecosystem ♦️ Fees from memecoin activity continue to bring in real revenue 4. Diversify Like a Titan ♦️ Justin spreads risk across: – Exchanges (Huobi, Poloniex) – Protocols (BitTorrent, TRON) – Core assets ($BTC, $ETH) ♦️ He believes diversification is the key to long-term survival 5. Builders Always Win ♦️ Say what you will — Justin builds ♦️ He’s created protocols, acquired platforms, and formed alliances with global players ♦️ His dinner with Warren Buffett shows how far he’s come from nothing Final Thoughts: Genius or Criminal? The crypto world remains divided on Justin Sun. Is he a visionary who built from zero? Or a master manipulator with insider ties? What’s clear: He’s not going away anytime soon. His predictions deserve attention — and may shape what crypto looks like in 2025 and beyond. If you're serious about crypto, keep your eyes on Justin Sun. Like him or not — he may be playing chess while others are playing checkers.

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CLS Global, a crypto market maker registered in the United Arab Emirates, has been hit with a $428,000 fine for wash trading of the FBI’s bait token NexFundAI. On April 2, a federal court in Boston sentenced CLS Global on criminal charges for manipulating trading volumes of NexFundAI token. NexFundAI is a bait token launched by FBI in March 2024 as part of a sting operation called “Operation Token Mirrors.” In October 2024, the U.S. Securities and Exchange Commission filed fraud charges against CLS Global and several other companies that had taken the bait, including ZM Quant Investment and Gotbit Consulting. MyTrade was also allegedly involved . The FBI reported that the operation led to the confiscation of $25 million in cryptocurrency, and several wash trading bots were shut down. In addition to the $428,000 fine, the court imposed a three-year probation on CLS Global, banning the company from offering services in the U.S. during this period. CLS Global had pleaded guilty to charges in January this year. According to a January report from Chainalysis , wash trading accounts for an estimated $2.57 billion in trading volumes within the crypto market. However, global efforts are underway to crack down on this practice, as well as broader market manipulation. One recent example is Galaxy Digital’s $200 million settlement last month, resolving allegations of manipulating the LUNA token following an investigation by New York regulators. Earlier, the SEC accused Justin Sun for manipulating the markets for BitTorrent ( BTT ) and Tron ( TRX ) through wash trading, giving the false impression of active trading and liquidity. However, the case has been put on hold .

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