TRON's Justin Sun Defends TRX Amid DOJ Rumors, Praises Binance's CZ

Justin Sun, the founder of TRON, has publicly addressed recent rumors about a potential investigation by the U.S. Department of Justice (DOJ) into his activities. In a statement, Sun defended the TRX cryptocurrency and highlighted his longstanding relationship with Changpeng Zhao, commonly known as CZ, the founder of Binance. Sun praised CZ as a mentor and friend, crediting him with significant guidance throughout his entrepreneurial journey.

Sun emphasized the strong partnership between his organization, T3FCU, and the DOJ, which has been instrumental in collaborative efforts to protect global cryptocurrency users from criminal activities. He expressed optimism about the future of the U.S. cryptocurrency landscape, particularly under the previous policies of President Trump, which he believes will continue to support industry growth. Sun noted that TRX, being one of the first cryptocurrencies recognized by the administration, is well-positioned to benefit from this regulatory environment.

Despite ongoing speculation about the DOJ's investigations, Sun remains confident in his approach to open communication with regulatory bodies and his allies. This strategy, he believes, will help him navigate the complexities of the evolving crypto market. Sun's defense of TRX and his praise for CZ underscore his commitment to transparency and collaboration within the industry, positioning him to continue leading TRON through potential regulatory challenges.