Justin Sun Hit by Explosive Market Manipulation Claims as Alleged Ex-Girlfriend Offers Evidence to SEC
Summary
Tron founder Justin Sun is facing new scrutiny after a woman identifying as his former girlfriend, Ten Ten (Zeng Ying), publicly accused him of orchestrating large-scale market manipulation during TRON's early years. She alleges Sun used multiple Binance accounts, registered under the identities of Beijing-based employees, to artificially inflate TRX's price in late 2017/early 2018 before dumping tokens on retail investors for illegal profits. Ten Ten claims to possess WeChat chats and employee testimony, offering cooperation to the US SEC. These claims align closely with previous SEC allegations from March 2023 regarding wash trading and unregistered offerings, though the SEC case was stayed in February 2025 amid reports of Sun's financial ties to Trump-linked ventures. Sun has responded briefly by urging people to "Ignore the FUD," while Ten Ten appealed to the Trump family to distance themselves from him.
(Source:BeInCrypto)