justinsun

TRON founder Justin Sun held a press conference in Hong Kong titled “Truth Revealed, Justice Restored,” where he shared new details on the ongoing effort to recover $456 million allegedly missing from the reserves of the TUSD stablecoin.
The update comes shortly after the Dubai International Financial Centre (DIFC) Court issued a global asset-freezing order against Aria Commodities DMCC and several related entities. This marks the first worldwide freeze in the case and represents a major turning point in the legal proceedings.

Justin Sun: “Justice may be delayed, but it will never be denied”
The DIFC decision from October 17 blocks all movement of disputed funds across jurisdictions. Sun described the ruling as a clear message that international courts are taking the case seriously and stated that the missing assets are now being actively traced worldwide.
He emphasized that the main priority is the full recovery and restitution of TUSD reserves, which he claims were gradually moved out of regulated custodial structures. The investigation is accelerating, and more evidence is expected as authorities probe individuals such as Vincent Chok, Matthew Brittain, and former TrueCoin executives.
With the global freeze now in effect, the case is entering a new phase that will likely involve increased legal action in Hong Kong, Dubai, the Cayman Islands, and other relevant regions.

How $456 Million Disappeared
The origins of the case date back to 2020, when Techteryx acquired TUSD while TrueCoin continued to oversee its reserves. According to available information, TrueCoin, First Digital Trust (FDT), Legacy Trust, and offshore entities linked to Matthew Brittain allegedly collaborated in the following years to fabricate documents, file misleading statements, and transfer funds out of regulated custody.
A portion of the reserves was reportedly moved to bank accounts connected to Aria DMCC, a Dubai-based company owned by Brittain’s wife. FDT CEO Vincent Chok is alleged to have approved these transfers in exchange for private commissions.
The U.S. Securities and Exchange Commission later charged TrueCoin with misleading investors about the security of TUSD reserves, exposing deeper operational issues and weaknesses that allowed hundreds of millions to be diverted.

TUSD Remained Stable Thanks to Sun’s Intervention
Despite the controversy, TUSD has maintained its peg near $1. Sun played a major role in stabilizing the asset by supporting TUSD holders and providing Techteryx with a loan of approximately $450 million.
Earlier this year, Sun accused FDT and associated individuals of misappropriating funds and argued that their actions threatened the stability of the stablecoin. FDT denied the allegations, and CEO Vincent Chok stated that Sun’s claims lacked evidence while announcing plans for legal action against him.

The Battle Moves Into Its Next Phase
Although both sides continue to trade accusations, Sun remains firm in his commitment to pursue legal action. He frames his involvement as an effort to protect the broader crypto ecosystem and insists that the ultimate outcome will include not only the recovery of the missing $456 million but also a broader crackdown on corruption and malpractice within digital asset management.

#JustinSun , #Stablecoins , #CryptoNews , #Tron , #DigitalAssets

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Halo komunitas Binance! TAWithSaran di sini dengan analisis mendalam $BTTC – token utilitas BitTorrent di TRON blockchain yang revolusi storage & bandwidth P2P. Dengan basis pengguna miliaran, BTTC punya potensi besar di bull market 2025. Harga saat ini $0.00000040 (market cap $400M, volume $9.84M), turun -0.76% 24 jam tapi sinyal bullish mulai muncul! [binance.com]
Fundamental Kuat: Halving & Upgrade Jadi Katalis Utama! 💎
BTTC (TRC-20) insentif berbagi file/storage, dengan supply 990T (986T circulating). Halving Q3 2025 kurangi emisi 50%, tingkatkan scarcity seperti BTC halving – historically dorong kenaikan 20-50% pasca-event! Justin Sun umumkan upgrade AI-driven storage & integrasi DeFi, potensi TVL $100M+. Prediksi 2025: $0.000001 (kenaikan 150%) dari Binance & Changelly, hingga $0.000002 jika altseason. Vs Filecoin (FIL), BTTC unggul di adopsi massal BitTorrent, tapi FIL lebih enterprise-ready. Outflow Binance sinyal akumulasi whale!,[blockchain.news][binance.com]
Teknikal 4H & Harian: Momentum Bullish Terbentuk! ⚡
Di Binance (BTTC/USDT):
- Harian: Pola Descending Broadening Wedge (reversal bullish), harga test support $0.00000038. MA100 ($0.00000050) resistance kunci – breakout bisa target $0.00000060 (+50%)!
- 4H: Konsolidasi ketat dengan Hammer candlestick di support. RSI 60 (bullish sehat, ruang naik ke 70), MACD histogram positif & mendekati crossover (sinyal buy jika > signal line). MA20 ($0.00000041) & MA50 ($0.00000043) siap Golden Cross. Volume naik 15% ($2.5M), konfirmasi momentum! Sinyal long: Harga > MA20 + volume spike = target $0.00000050 (+25%) dalam 24-48 jam. Potensi >30% jika BTC stabil.,[tradingview.com][binance.com]
Sentimen & Risiko: Netral-bullish (70% positif di Square), didorong halving & AI upgrade. Tapi supply besar & kompetisi FIL jadi risiko – stop-loss di $0.00000038 ya! DYOR, ini bukan saran investasi. BTTC cocok untuk trader DeFi/storage seperti saya.
Apa pendapatmu soal BTTC ? Komen yuk!👇
#BTTC #Halving2025 #Binance #AltSeasonComing #JustinSun