Justin Sun hints at wash trading on Poloniex: 'the only exchange used solely by the boss'
- —Sun said on X that Poloniex is 'the only exchange used solely by the boss himself'
- —Nearly $1 billion in volume could only be created by trading with oneself
- —The SEC previously alleged Sun engaged in wash trading of TRX; the case was dropped
- —Sun denied fake reports of being shot in Dubai, posting 'All is well'
Why it matters: The hint of wash trading at an exchange tied to TRON's founder raises reputational and regulatory risks for TRX and Poloniex.
Source: Protos