Justin Sun, creator of the Tron blockchain, has filed a lawsuit against World Liberty Financial, a crypto project backed by the Trump family, claiming they unlawfully froze his $WLFI tokens and defrauded him. Sun invested $45 million in 2024, influenced by the Trump association, but relations soured when he refused further investments or to mint their stablecoin on their terms. The lawsuit alleges World Liberty centralized token control, added a blacklist function without approval, threatened to burn Sun's tokens, and falsely claimed his KYC documents were inadequate. Sun seeks equal treatment as an early investor and has publicly opposed a recent governance proposal by World Liberty. The case highlights risks in crypto projects with centralized control despite DeFi claims.
The U.S. Treasury's OFAC sanctioned multiple cryptocurrency addresses tied to Cuban entities, marking an extension of sanctions into major blockchain networks like Bitcoin, Ethereum, and Solana. Concurrently, Tether froze $131 million in USDT on the ...
Anchorage Digital, the first federally chartered crypto bank in the US, now supports staking and custody for TRON's native token TRX and TRC-20 assets. This move provides institutional investors a regulated way to access TRON, a blockchain network wi...
Oobit has launched a new feature allowing TRON (TRX) holders to send TRX directly from their wallets to bank accounts using SEPA, ACH, and Faster Payments rails in Europe, the US, and the UK. This bypasses traditional exchanges, enabling near-instant...
Bitcoin and Ethereum prices dipped slightly while altcoins mostly fell, signaling cautious trading in the crypto market. Bitcoin's market share increased marginally to 58.42%, indicating a shift toward safer large-cap assets amid weaker altcoin deman...
TRON blockchain now holds more than $90 billion in USDT stablecoins and leads 2026's USDT transfer volume with about $4.2 trillion year-to-date, making it a dominant payment rail due to low fees and predictable transaction costs. Despite this massive...
