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Home»ALTCOIN NEWS»Justin Sun is HTX Feud, India Reconsiders Crypto Hate: Asia Express
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Justin Sun is HTX Feud, India Reconsiders Crypto Hate: Asia Express

By Crypto FlexsFebruary 6, 20256 Mins Read
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Justin Sun is HTX Feud, India Reconsiders Crypto Hate: Asia Express
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Amazon Poly's voice

Justin Line The discord with the HTC co -founder is Reignites Feuds

TRON’s founder Justin Sun has been disagreed with HTX co -founder Leon Li for several years by criticizing Li as a scam.

In the X Post, SUN claimed that while selling HTX, a former Huobi, hides important live -action ingredients and left $ 30 million in Exchange’s loan. SUN has borrowed $ 30 million to cover the tribe, but claimed that money has not yet been repaid.

Li did not reject the $ 30 million gap, but caused a dispute in SUN’s version of the event in a statement that was known to be distributed by the inner side. Instead, he is attributable to the margin phone caused by the missing funds by Exchange.

Huobi was acquired by Hong Kong -based capital management in October 2022. SUN denied that he was a real buyer behind the curtain despite skepticism. He has been listed as “advisors” of the exchange and often serves as the face of the brand’s public to promote and present major business development.

The public between the two encryption businessmen has been expanded for a while. In 2023, SUN accused Li’s brother, WEI LI, illegally acquired millions of HUOBI’s indigenous tokens for zero. Li was re -fired again, vowing 10 times the amount of money if HTX requested evidence and proved wrong.



This discord ruled on February 4 that SUN’s X POST promoted his second version of his USDD Stablecoin and 20% annual return. Sun stimulated Li to Li.

USDD is a controversial algorithm Starble coin. Terra’s deadly USST collapses in May 2022 and disappeared hundreds of billions of encryption investor funds. Like the USST, USDD is an algorithm Starble Lecomin, and initially designed around intervention mechanisms using TRON’s TRX tokens, it has been pivot as a mortgage model.

TRON DAO claims that USDD has been consulted with excessive consultation as Tether’s centralized stablecoin USDT acts as a first preliminary asset.

USDD collateralUSDD collateral
USDDs are supported by USDT and TRX. (USDD))

20% APY SUN is promoted, and it has led to a rapid comparison with the evil high -profit system of the anchor protocol, which has been found to be impossible. The encryption community questioned the authenticity of such proposals and called for the source of return. TRON DAO claims to be paid subsidies and claims that yields will gradually decrease to 5%over time.

India may be considering a softer encryption attitude.

Shaktikanta dasShaktikanta das
The central bank in India has received negative passwords throughout DAS. (Indian reserve bank))

Ajay Seth, Secretary of Economic Affairs, said the government is reassessing its position on cryptocurrency and delayed a long -awaited debate for the first time in September 2024.

Seth signaled that India could recognize the boundary characteristics of digital assets by matching the global regulatory trend.

The global attitude toward cryptocurrency was greatly transferred by US President Donald Trump’s election. Trump’s campaign includes some encryption -friendly policy vows.

Since then, Indian officials have consulted with experts who prefer to prohibit cryptocurrency, while former central bank governor Shaktikanta DAS repeated his opposition to Stablecoins before he took office in December.

Since his appointment in 2018, DAS, a vocal encryption critic, has been the chief executive officer of India, and his successor, Sanjay Malhotra, has made a softer position on digital assets. Malhotra has not yet made official statements about this problem.

Despite the strict taxation policy in which local exchange swears the industry, India (the world’s most populated country) has set the world’s most populated country in 2024, the world’s most populated country.

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In addition to in -game assets

Thailand pulls a plug at a pig butcher in Myanmar.

Thailand has blocked power and fuel supply to three Myanmar borders to prevent the operation of the prevalent call center fraud in Southeast Asia.

Prime Minister Paetongtarn SHINAWATRA said that if he confirmed that he was supplying fuel to fraudulent operations, he recently approved the immediate reduction in the Cabinet meeting. Shina and Tra’s decision promised Beijing’s help to deal with online fraud before meeting with Chinese President XI Jinping.

Power cuts are expected to affect not only the fraud center but also the public infrastructure and local citizens.

Thailand and China Leaders' MeetingThailand and China Leaders' Meeting
On February 6, China and Thai leaders agree to cooperate with communication fraud. (State Council of the People’s Republic of China))

Call center fraud is a global hotspot for a pork butcher plan, which is a major hub with Myanmar, Cambodia and the Philippines. According to the report, the victims often have to be trafficked into this compound after being kidnapped in Thailand, India and other neighboring countries. These operations are attracted to fraudulent investments, focusing on building trust with victims, often related to cryptocurrency.

Due to the boundary characteristics of Cryptocurrency, these syndi -kate could flourish with the injury of Huione Guarante, a dark market based on shadow telegram that promotes funds for pig butcher fraud. The platform previously relied on centralized stability, such as Tether’s USDT, but recently launched its own Stablecoin to avoid freezing of law enforcement.

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Korea’s unique and amazing encryption space

The Korea Financial Association pledge to approve the encryption ETF

SEO YOO-SEOK, chairman of the Korea Financial Industry Association, has vowed to introduce Cryptocurrency Exchange-Traded Fund (ETF) by the end of the year.

Korean elderly investorKorean elderly investor
Old investors in Korea are eyeing their encryption. (Beautiful life)

SEO pointed out the minimum requirements of Bitcoin and ether -based ETFs as the demand for encryption -based financial instruments increased in the Korean stock market. He is increasing interest in digital assets among investors over 50 years of age, which is a significant population statistics than young traders looking for safer and more regulated means to expose encryption.

According to the recent data distributed by local councilors, the domestic encryption exchanges have increased their new account registration since Trump’s election victory, and almost half of the new applicants over 40 years old.

Despite this demand, Korea’s top financial regulatory agencies are not currently classified as assets of securities of securities under the Capital Market Act of the State Capital Markets.

However, in October 2024, the Financial Services Commission (FSC) launched the cryptocurrency committee to explore the local ban on encryption ETFs. The committee is also considering whether to allow a corporate cryptocurrency transaction account, which is effectively limited by the Nanti-Money Saundering (AML) regulations that allow only individuals to open such an account.

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Yohan yunYohan yun

Yohan yun

YOHAN YUN is a multimedia journalist who deals with blockchains since 2017. He contributed to the Crypto Media Outlet forkast as an editor and talked about Asian technology as a assistant reporter for Bloomberg BNA and Forbes. He cooks free time and experiments with new recipes.

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