🧨 Justin Sun is being targeted, this time by the US Department of Justice

According to an exclusive report from the Wall Street Journal, Binance founder CZ (Changpeng Zhao) provided key evidence of Sun Yuchen's transactions and market manipulation in the process of reaching an agreement with the U.S. Department of Justice (DOJ).

Justin Sun has been targeted by the U.S. Securities and Exchange Commission (SEC) for suspected fraud and market manipulation.

The involvement of the DOJ means that a criminal investigation has been initiated - this is no longer a regulatory fine or restriction, but a potential risk of imprisonment.

🧩 Who is Justin Sun? His empire is on the verge of collapse

Justin Sun is the founder of $TRX (Tron) and the actual controller behind Poloniex and HTX (formerly Huobi). His role is similar to that of "Asian crypto capital tycoon", but he is also frequently involved in controversy:

  • Tron is highly centralized and controlled almost exclusively by one person

  • Poloniex suffered a hacker attack worth over $100 million, but has not paid compensation yet

  • Since it took over, HTX's trading volume has plummeted by more than 60% from its 2023 high

  • Now, the entire empire is shaken by his personal legal risks.

📉 $TRX has dropped 20%, and this could be just the beginning

$TRX is more than just a token, it is the foundation of the ecosystem controlled by Justin Sun:

If he faces criminal charges, $TRX may lose support and plummet to zero

The USDD stablecoin (algorithmic stabilization mechanism) in the ecosystem has similar risks as LUNA. Once it is unpegged or collapsed, it may trigger a chain reaction.

Market data shows that more than 70% of the transactions on HTX and $TRX on Poloniex are wash trading, and the actual liquidity is very fragile.

Once trust collapses, liquidity will evaporate in an instant.

💥 Poloniex and HTX: The next bomb to explode?

HTX: Sun Yuchen’s acquisition did not reverse the downward trend, the platform itself fell into a downturn, and the flow of funds dropped sharply

Poloniex: More than $100 million stolen in 2023, promised refunds but no returns, if Sun is prosecuted, user assets may be frozen

USDD stablecoin: Similar to Terra’s UST, although its market value is small, once it is unpegged, it will cause the $TRX ecological chain to collapse

Past experience tells us: there were signs of the collapse of FTX, LUNA, and Celsius, and the current situation is almost exactly the same.

🌐 Wider impact: DeFi, VC, and top 100 projects by market value may be affected

Justin Sun not only controls several platforms, he also has a large number of DeFi project investments and early incubation projects in Asia. If his funding chain breaks:

Most small and medium-sized projects may face financing freeze or abort

China and Asian markets are already under high pressure, which will accelerate capital flight and confidence collapse.

This is not just a platform crisis, but a systemic collapse of a centralized empire.

✅ Conclusion:

Is this panic? Or is history repeating itself?

None of this is “panic FUD” but a realistic prediction based on data, regulatory progress and history.

⚠️ If you still hold $TRX, have funds on HTX or Poloniex, please assess your exposure immediately.

FTX users once believed that “it will not collapse” until their accounts were frozen; LUNA investors once believed that “the algorithm is guaranteed” until the value returned to zero.

This time, we may still be at a critical point in history.