Since losing his ambassadorship to the World Trade Organization (WTO), getting sued by the Securities and Exchange Commission (SEC), and watching his tokens get massacred by the market, Justin Sun has made a series of incredibly questionable decisions.
Among them is the ‘SEC-focused token’ giveaway that Sun’s crypto exchange Poloniex recently published and then deleted on Twitter, after prolific crypto lawyers and shitposters raised concerns over the Easter weekend.
What even is an ‘SEC-focused token’ anyway? It’s a good question. According to Poloniex, the definition is reserved for Ripple’s XRP, Binance Exchange token BNB, BitTorrent’s BTT, Justin Sun’s Tron, FTX exchange token FTT, and REN (a bridging cryptocurrency).
So, why exactly would Poloniex delete a tweet about trading these tokens? Well, it probably has something to do with not wanting to draw attention from the US, specifically SEC regulators and Justice Department (DoJ) investigators who may be crawling through the endless hell that is Crypto Twitter. But does it really matter that it deleted the tweet?
Fake News or FUD
Tron founder Justin Sun has been reportedly arrested in Hong Kong. This comes amid recent investigations for fraud by SEC, and several other top regulators
A source close to me who is currently attending events in Hong Kong told that Justin Sun is still active at events. He was not arrested
