3min chapter

Crypto Critics' Corner cover image

Justin Sun and TrueUSD... Again

Crypto Critics' Corner

CHAPTER

Justin Sun's Lawsuit Against Poloniex

There's some other stuff though in regard to Justin Sun outside of just this lawsuit. Protos asked Poloniex where the backing is, and they said, you're not a customer. We can't tell you that. No one else seems to be able to find it. It's thousands and thousands of Bitcoin, including a significant portion of the Bitcoin reserves at Hwobi. Like customer reserves that are supposed to be allocated for customers are not in regular Bitcoin like you would expect. They're in this wrapped Bitcoin that is from Pol oniex where no one can find where the tokens are custodied.

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