Justin Sun Responds to WSJ Report: Has Good Relationship with CZ and the US Department of Justice, Trusts Both Parties Completely
On April 12th, Justin Sun responded to a relevant report by "The Wall Street Journal" on social media, stating as follows:
"I am not informed of the rumors currently spreading on the internet. CZ is my mentor, friend, and benefactor. During my entrepreneurial journey, he has shown me attention, guidance, and direction. Until now, his principles and conduct style still serve as the highest standard that I, as an entrepreneur, aspire to.
At the same time, the U.S. Department of Justice has always been one of the closest and most trustworthy partners of our T3FCU. Together, we have been working on numerous significant cases aimed at safeguarding global users and punishing criminal groups worldwide.
Whether it is CZ or the partners of the Department of Justice, we have always maintained direct and honest communication. I have trust in each and every one of them. Under President Trump's enlightened cryptocurrency policy leadership, the U.S. crypto industry is bound to achieve greater achiev
3 minutes ago
SEC Acting Chair: Considering Establishing a Short-Term Crypto Regulatory Framework to Address the Current Period
On Friday at an event held at the U.S. SEC's headquarters in Washington, Acting Chair Mark Uyeda stated that the Commission could think about establishing a short-term crypto regulatory framework. This would enable businesses to keep innovating while the agency works on formulating a more permanent solution for regulating digital assets. Uyeda said in an audio statement played at the agency's latest cryptocurrency industry roundtable, "We should examine whether there are more efficient means to regulate within a more flexible federal regulatory framework. While the Commission is engaged in developing long-term solutions to address these matters, creating a time-limited and conditional waiver framework for both registered and unregistered participants may foster greater innovation in U.S. blockchain technology in the short term."
3 minutes ago
FTX/Alameda's address redistributed 186,000 SOL redeemed from staking 6 hours ago.
On April 12th, according to on-chain data analyst Yujin Monitoring, an address related to FTX and Alameda transferred 186,000 SOL (approximately $21.56 million) that was redeemed from staking 6 hours ago to 22 addresses.
Based on previous records, most of the addresses that received SOL will subsequently transfer the SOL to either Coinbase or Binance.
Since November 2023, the staking address of FTX and Alameda has redeemed and transferred a total of 8.031 million SOL (approximately $1.03 billion) through this method, with an average transfer price of $128.3. Currently, the staking address of FTX and Alameda still has 5.359 million SOL (approximately $645 million) staked.
3 minutes ago
Yesterday, Grayscale ETHE saw a net outflow of $26.1 million
On April 12th, as monitored by Farside Investors, yesterday the Grayscale Ethereum Trust (ETHE) experienced a net outflow of $26.1 million. Meanwhile, the Ethereum Mini had a net inflow/outflow of 0. On the other hand, both the Grayscale Bitcoin Trust (GBTC) and the Bitcoin Mini had a net inflow/outflow of 0.
3 minutes ago
Trump: Passed a 'Cognitive Test' During Physical Exam, Answered Every Question Correctly
On April 12th, as per Bloomberg, President Trump engaged in a conversation with reporters regarding his physical examination that took place today. He expressed the belief that he had performed admirably during his annual check-up, and the White House is scheduled to release a report on Sunday. It is of note that Trump mentioned having received and passed a cognitive test during the examination.
It is reported that this is a test that demands him to repeat specific words in order to showcase his memory. He stated that he took the test as he wished to distinguish himself from Biden. "This is a highly recognized test. Whatever it may be, I answered every question accurately," Trump said, adding that he had undergone this test on four previous occasions.
3 minutes ago
WSJ: CZ Agreed to Provide Evidence Related to Justin Sun's Financial Crimes to Prosecutors When Previously Pleading Guilty
On April 12th, as per The Wall Street Journal, during the Biden administration, the U.S. Department of Justice has been conducting an investigation into Justin Sun for suspected financial crimes. It is currently uncertain whether the investigation is still in progress.
Some sources with knowledge of the matter stated that as part of CZ's plea agreement, he has agreed to provide evidence to prosecutors regarding Justin Sun. This arrangement had not been previously reported. The U.S. Department of Justice has declined to make any comments on the news.
Justin Sun's representatives have refused to comment on the "unfounded legal accusations" and asserted that the alleged "Tron promoting criminal activities" claims are completely fabricated.
BlockBeats had previously reported that last night, CZ posted on Platform X, stating, "Many people have once again informed me that The Wall Street Journal is writing another baseless article attacking me."
3 minutes ago