🪂 Why does Justin Sun lie?

People should be much more concerned about Justin Sun's lies, and those working with him should be more embarrassed.

View this email in your browser Justin Sun insists he doesn't own HTX, formerly Huobi. Sun claims that he's just an advisor to the exchange. However, despite Sun making this claim, it's almost definitely not true. Who really owns crypto exchange Huobi? Sun has almost definitely been in control and the ultimate beneficial owner of HTX since it was purchased by About Capital Management.  Huobi founder Li Lin certainly thinks Sun is in control and keeps targeting him in various Huobi-related lawsuits. Justin Sun keeps fighting with Huobi founder Li Lin Why is this important? Because if Sun is willing to lie about owning this exchange, is he willing to lie about his stake in BiT Global? How involved is Justin Sun with WBTC's new custodian BiT Global? Is he willing to lie about his influence over USDD? Justin Sun bailed out $500M stablecoin TUSD, report Is he willing to publicly misrepresent the reserves of stablecoins he also lies about not owning, like TrueUSD? Crypto Czar and Republican Congressmen hope for legislation Is he perhaps even brazen enough to use an exchange as a piggy bank so that he can solicit political favors? HTX prepares for dinner with Donald Trump Is he perhaps gutsy enough to think he can get away with raiding the reserves of HTX and replacing it with trash, especially trash that's connected to projects he influences? Justin Sun-advised HTX plays games with its reserves If he's brazen enough to do all of this, what does that say about everyone who still trusts him, works with him, takes his money, invites him to events, or adds him as an advisor to their "DeFi" projects? Justin Sun buys more of Trump's WLFI than it planned to sell — Bennett Tomlin Protos Leaks ⬇️ See something, say something. Get more news with Protos Live 🔴 News and insights from across the web, curated for you by the Protos newsroom. In other news: How Tether-backed Twenty One plans to rival MicroStrategy Jack Mallers and Tether working together with Cantor Fitzgerald to create a bitcoin-acquisition vehicle is a story designed to torment me. Nike's RTFKT NFT collection is losing its images Every year, this is going to happen more and more often, and it will keep being funny. The Vatican isn't excommunicating crypto gamblers Would be a lot cooler if it did. Has your senator invested in cryptocurrency? Probably not, most of them are ancient. Ripple was Trump inauguration's top crypto donor before SEC regulatory shift Convenient! Reminds me of how Justin Sun is World Liberty Financial's biggest donor – excuse me, investor – and now he doesn't need to worry about the SEC. Copyright © 2025 Protos, All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: Protos 272 Kensington High Street London, UK W8 6ND United Kingdom Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.