#justin sun
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Justin Sun, the hype man of the century, is on it again. His Huobi exchange announced the listing of a provocative coin FUD (FTX Users Debt). The developers promise to buy back all the tokens in the future and use these funds to cover FTX's debts.
Amid the announcement, the price of FUD soared by several hundred percent, but it rolled back quickly. There is a probability that the FUD token may become popular.
Justin Sun, co-founder of the Huobi exchange, expressed his delight at China's decision to levy a tax on cryptocurrency transactions. He believes that this is a sure sign that China is ready to accept the existence of digital assets and ease the pressure on crypto projects.
Even the fact that fiscal authorities require crypto-markets to register users who invest in cryptocurrencies did not dim his joy.
At the same time, he claims that Huobi is registered in the Seychelles and thus is not required to provide customer information.
And Justin Sun dreams that the TRON blockchain will be adopted in China at the national level.
What else is there to say? Justin Sun is like Jean-Claude Van Damme, but for crypto.
More than $100 million will be set aside to assist developers who use AI in blockchain applications.
TRON is offering grants to teams representing the following areas:
• e-commerce;
• currency settlement;
• data management;
• market and investment analysis;
• content generation.
Content generation? But everyone is aware that Gagarin News is the leader in content generation! Therefore, even if Justin Sun gives us $20 million, we won't vanish!
Just 24 hours after FTX's new CEO, John Ray, announced that the platform could be revived, fraudsters created a fake FTX 2.0 token.
The FTX2.0 scam token is being actively spread among the registered users' wallets, including Justin Sun, KuCoin, and Binance.
Security firm PeckShield reported that the smart contract of FTX 2.0 has a backdoor that allows hackers to steal funds from users' accounts. To participate in the "new airdrop" the users are encouraged to click on a phishing link.
But the worst part is that the token's code allows buying the coin, but prohibits it from being sold. That's why its price has quickly rocketed, causing a wave of FOMO among FTX customers. 





