According to the news of Ostrich Blockchain on March 10, according to evidence such as the revelations of many former employees of Sun Yuchen's company and the data on the chain, Sun Yuchen organized a market making team during the tron, suspected of insider trading, evading the IC0 ban; suspected of fraud, money laundering through immigration or evading legal sanctions. At present, the IRS and the FBI have intervened in the investigation.
In response, Tron founder Sun Yuchen sent several tweets denying responses, saying that this was blatant defamation and would consider taking legal action.
He said: "As a SAFU exchange, Poloniex has always enjoyed a good reputation. Over the past 8 years, we have maintained the highest standards of protecting crypto assets for our clients and have a proven track record of not having any significant security breaches in our operations. This is a complete lie by Verge and the reporters, a blatant slander of Poloniex's operations. In fact, Poloniex is not registered in seychelles. The exchange does not operate in the United States and does not serve U.S. customers.
According to public information, Sun Yuchen graduated from the University of Pennsylvania in the United States, the founder of Trontron, the founder and CEO of the mobile social application Companion Me APP, and the founder and CEO of Rebbe. In 2014, Sun Yuchen served as the chief representative of Ripple Labs in Greater China, one of the earliest evangelists of blockchain concepts in China. Later, it became the blockchain project "Tron TRON", and Tron Group became the most influential blockchain financial group in the world.
According to Tianyan, TRON is affiliated with Ripple (Beijing) Technology Co., Ltd., with Sun Yuchen as the legal representative, manager and executive director, and holds 99.99% of the company's shares. At present, Sun Yuchen is associated with a total of 19 enterprises.
Previously, in June 2019, Sun Yuchen successfully photographed Warren Buffett's 20th anniversary charity luncheon for $4567888, which became one of the hottest topics in the Internet industry at that time.
In addition, Sun Yuchen also has many labels such as "Ma Yun's youngest disciple", "post-90s successful entrepreneur", "marketing ghost" and so on.
Source: Upstream News