USDC Stablecoin Issuer Circle Rejects Accusations of Facilitating Illicit Financing
CfA had previously asserted that there might be involvement from Circle and Justin Sun in financing terrorist organizations.
TRON is a blockchain-based platform for building decentralized applications (DApps), which was founded by Justin Sun. He is one of the most prominent people within the cryptocurrency community and also a protege of Jack Ma, Ali Baba Group’s Founder.
TRON was officially released in the year of 2017. Initially, the TRON network was intended to serve as a decentralized platform that brings a free and global digital content entertainment system. The native token of the platform is known as TRX.
Some of the benefits that TRON network offers include high transactional throughput, scalability, and availability. Naturally, one of its main goals is to eliminate the middleman and to bridge the gap between content creators and content consumers. This results in cost reduction while also improving the collection for the content producers.
During 2019 TRON had acquired BitTorrent, one of the most popular torrent platforms. Purportedly, it has over 100 million users.
CfA had previously asserted that there might be involvement from Circle and Justin Sun in financing terrorist organizations.
Between July 2021 and October 2023, Israel has frozen over 143 Tron wallets tied to terrorist groups.
Elliptic uncovers network smuggling fentanyl chemicals and using cryptocurrency for payments, with Mexico as the final destination.
ISIS affiliates have ramped up their crypto usage with USDT on the Tron network increasingly becoming a preferred mode.
The process will have no impact on Tether's total supply.
Tron is seeing substantial expansion across DeFi and stablecoin landscapes.
Users will now be able to send TRC20 to their contacts on Telegram
His Excellency Justin Sun has been accused by the SEC of manipulating the markets to pump the price of TRX
Messari revealed that Tron's financial results in Q4 outperformed those from Q3, while user transactions were also on the rise.
Tron's Justin Sun expects "at least" five nations to declare TRX legal tender this year.