Justin Sun Denies Selling SUN Tokens

IconCryptoNewsTerminal Staff29 Aug, 2024

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Justin Sun Denies Selling SUN Tokens

Justin Sun, the founder of the Tron (TRX) blockchain, has denied selling SUN tokens. This comes days after a Twitter user alleged that Sun and Tron co-founder Lucien Chen had sold large amounts of SUN, a token associated with the Tron ecosystem. In a recent announcement, Sun stated that neither he nor Chen had sold any SUN tokens and that the address mentioned was not connected to them. He also emphasized that "malicious rumors" were being spread to harm Tron, adding, "We will take legal action against any defamation."