TRON's Sun Defends Relationships Amid DOJ Probe

Justin Sun, the founder of TRON, has responded to recent reports alleging a strained relationship with Changpeng Zhao, the CEO of Binance, and the U.S. Department of Justice. In a social media post, Sun emphasized his strong and positive relationship with Zhao, referring to him as a mentor, friend, and benefactor. Sun highlighted Zhao's guidance and support throughout his entrepreneurial journey, stating that Zhao's principles and conduct remain a high standard for him.

Sun also addressed the allegations of an investigation by the U.S. Department of Justice, asserting that the department has been a close and trustworthy partner. He mentioned that together, they have worked on significant cases aimed at protecting global users and punishing criminal groups. Sun expressed his trust in both Zhao and the Department of Justice, stating that he maintains direct and honest communication with both parties.

Sun's response comes amid reports that the U.S. Department of Justice has been investigating him for alleged financial crimes during the Biden administration. Some sources suggest that as part of a plea agreement, Zhao has agreed to provide evidence about Sun to the prosecution. However, Sun's statement does not address these specific allegations directly, instead focusing on his positive relationships and the collaborative efforts with the Department of Justice.

Sun's comments also touched on the broader cryptocurrency industry, expressing optimism about its future under the leadership of President Trump's enlightened cryptocurrency policy. He noted that TRX, one of the earliest cryptocurrencies chosen by the President, will benefit from this success. Sun concluded his statement with a strong endorsement of the U.S., expressing his commitment to the country and its cryptocurrency industry.

Sun's response aims to clarify his stance and relationships amidst the swirling rumors and allegations. By emphasizing his trust and positive interactions with key figures in the industry and regulatory bodies, Sun seeks to reassure stakeholders and the public about his commitment to ethical practices and collaboration. The cryptocurrency community will be watching closely to see how these developments unfold and their potential impact on the industry.