Onchain data and reports have highlighted unusual outflows from cryptocurrency exchange Poloniex, prompting concerns of a possible hot wallet breach worth approximately $ 114 million. Justin Sun, the exchange’s proprietor and Tron’s creator, has stated that the incident is under investigation. Poloniex’s Hot Wallets Breached in $ 114M Hack The breach at the …
According to several posts on the social media platform X written by Tron founder Justin Sun, the crypto exchange HTX (formally Huobi) was hacked for 5,000 ether. Despite the loss, Sun contends that user funds on the exchange are safe and the “platform is operating completely normally.” HTX Exchange’s Security Breach Results in 5,000 ETH […]
In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until December 8, 2023, giving his attorneys a broader window to “explore possible resolution of the SEC’s claims […]
The bankrupt crypto exchange FTX received permission to sell its crypto assets valued at more than $ 3.4 billion after John Dorsey, the presiding bankruptcy court judge, approved the motion. Moreover, Tron founder Justin Sun took to social media and said he is considering an offer for FTX’s holdings. FTX Wins Approval to Offload …