H.E. Justin Sun – DIGIT INFO

Canadian Pizza Giant Pokes Fun at Justin Sun’s ‘Banana Art’

DIGIT — Tue, 10 Dec 2024 05:30:09 +0000

The Tron Founder purchased and ate a $6.2 million banana at an art auction in New York City last month. Boston Pizza Releases ‘Affordable’ Pizza Version of Justin Sun’s $6.2M Banana Tron Founder Justin Sun purchased and ate the world’s priciest banana last month – a fruit with a mind-bending sticker price of $6.2 million. […]

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Justin Sun Denies Liquidation Rumors, Announces $1 Billion Fund to Combat FUD

DIGIT — Mon, 05 Aug 2024 09:37:23 +0000

In his latest social media posts, Tron Founder Justin Sun addressed rumors about the liquidation of their positions, firmly denying any truth to these claims. Sun emphasized that they rarely engage in leveraged trading strategies, as they do not see significant benefits for the industry. Instead, they focus on activities that support the industry and […]

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Justin Sun Offers to Host Musk vs. Maduro Fight in Grenada

DIGIT — Thu, 01 Aug 2024 13:42:09 +0000

In a surprising turn of events, Tron founder Justin Sun has announced that the highly anticipated fight between Elon Musk and Venezuela’s President, Nicolás Maduro, could take place at the Grenada National Stadium. Sun, who was appointed as Grenada’s Ambassador and Permanent Representative to the World Trade Organization in 2021, has offered to cover all […]

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Justin Sun Endorses Donald Trump After Assassination Attempt, Citing Crypto Industry Benefits

DIGIT — Sun, 14 Jul 2024 14:14:06 +0000

TRON founder Justin Sun has publicly endorsed former U.S. President and current presidential candidate Donald Trump in the upcoming election, citing his potential to provide a more favorable environment for the cryptocurrency industry. In a social media post, Sun expressed his hope for the President’s speedy recovery and praised Trump as a better choice for […]

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Tron Founder Justin Sun Wins Landmark Defamation Case Against Chinese Media Group

DIGIT — Thu, 27 Jun 2024 11:20:04 +0000

A court in China has ruled in favor of Justin Sun in his defamation lawsuit against the Chongqing Business Media Group. In its verdict, the court stated that claims of Sun’s involvement in insider trading, fraud, and money laundering were “entirely unsubstantiated.” The Chongqing Business Media Group subsequently removed all of its false content and […]

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Justin Sun Advocates Supporting a Crypto-Friendly U.S. Presidential Candidate

DIGIT — Mon, 27 May 2024 05:27:13 +0000

TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in […]

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Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital

DIGIT — Mon, 12 Dec 2022 15:30:40 +0000

The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project is overcollateralized by 200.8% at the […]

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Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi

DIGIT — Mon, 10 Oct 2022 05:30:11 +0000

Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited the Chinese market. Lin’s Arrest in 2020 a Key Event for the Huobi Founder The […]

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Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92

DIGIT — Tue, 05 Jul 2022 11:30:53 +0000

Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s […]

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Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity

DIGIT — Mon, 13 Jun 2022 19:30:57 +0000

After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital currency. Sun explained that the Tron DAO Reserve would deploy […]

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