Thursday, May 28, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Justin Sun Declares Commitment To Tron Development Amid Legal Court Victory

by SB Crypto Guru News
July 12, 2024
in Crypto Updates
Reading Time: 3 mins read
0 0
A A
0


Justin Sun, the founder of the Tron blockchain has reaffirmed his unwavering commitment to the ongoing development of the Tron blockchain network, following a significant legal victory in the People’s Court of China against the Chongqing Business Media Group, which had previously accused him of fraudulent activities.

Tron Blockchain Services Will Continue Globally

The Tron founder Justin Sun disclosed his unwavering commitment to continuously build the blockchain network on Thursday on the X (formerly Twitter) Platform. His dedication demonstrates his strong vision for the blockchain’s future, as he seeks to establish its position in the blockchain sector globally.

Related Reading: Tron DeFi On Fire: Ecosystem Surges Past $21 Billion Milestone

It is worth noting that Sun recently defeated the Chongqing Business Media Group in a significant defamation case in the People’s Court of China after the media accused him of engaging in fraudulent activity.

Specifically, the media admitted in an apology statement that it had seriously harmed Sun’s reputation by publishing inaccurate and defamatory content without adopting a proper investigation or providing supporting documentation. So far, the media has since deleted all of its fabrications on the Tron founder.

The case between Sun and the Chongqing Business Media Group has been ongoing for more than 2 years now. However, despite the lengthy process, the founder did not allow the case to hinder his vision for innovation and more growth, as he was confident about the positive outcome of the lawsuit.

Therefore, Sun has reassured his steadfast dedication to keep building the Tron blockchain. Furthermore, he has noted that Tron will keep making an impact in the crypto industry by offering services and technologies to people and businesses all across the world.

The post read:

Despite the lengthy process and facing FUD, I was confident in the outcome. My long-term commitment to blockchain remains unwavering, and I will keep building.TRON will continue making an impact by providing technology and services to individuals and organizations globally.

Thus far, Sun has expressed his gratitude toward the director of special projects at the Block firm Frank Chaparro, and the team for offering a platform for his triumph and the sector.

The Blockchain Poised For Explosive In This Second Half

Justin Sun’s commitment comes as the network’s active user base, transaction volume, and decentralized apps (dApps) continue to rise. As a result, the founder believes the blockchain will experience remarkable growth in the second half of this year.

Sun has made this prediction to tackle several recent uncertainties around the blockchain’s performance, as he believes the current value of the Tron ecosystem is significantly underestimated. He has also displayed several efforts to improve the blockchain in order to achieve this goal. 

Last week, the team disclosed plans to develop a new approach that will allow stablecoin transfers on the network without paying any gas fee, allowing the fees to be fully covered by the stablecoins. According to Sun, this initiative will support Ethereum and all public chains that are compatible with the EVM after being deployed on the Tron blockchain initially.

Tron
TRX trading at $0.136 on the 1D chart | Source: TRXUSDT on Tradingview.com

Featured image from X, chart from Tradingview.com



Source link

Tags: Bitcoin NewsCommitmentcourtCrypto NewsCrypto UpdatesDeclaresDevelopmentJustinLatest News on CryptoLegalSB Crypto Guru NewssunTronVictory
Previous Post

UK Law Commission sets roadmap to identifying legal status of DAOs

Next Post

Bitfarms schedules shareholder vote for October amid Riot’s intensified acquisition efforts

Related Posts

Kalshi Sues Minnesota Over New Law Blocking Prediction Markets

Kalshi Sues Minnesota Over New Law Blocking Prediction Markets

by SB Crypto Guru News
May 28, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kalshi has ramped up its battle over...

Someone Tested a 1997 Processor and Proved That Just 128 MB of RAM Is Enough to Run AI – Bitcoin News

Someone Tested a 1997 Processor and Proved That Just 128 MB of RAM Is Enough to Run AI – Bitcoin News

by SB Crypto Guru News
May 28, 2026
0

Key TakeawaysEXO Labs ran Llama 2 on a 1997 Pentium II with just 128 MB of RAM.BitNet used -1, 0,...

Grayscale’s Latest Report Says What Comes Next

Grayscale’s Latest Report Says What Comes Next

by SB Crypto Guru News
May 28, 2026
0

On Tuesday, the Hyperliquid token (HYPE) surged to a new all-time high of $65, briefly propelling the cryptocurrency into the...

Chainlink’s Biggest Holders Are Quietly Repositioning – Binance Data Reveals Why

Chainlink’s Biggest Holders Are Quietly Repositioning – Binance Data Reveals Why

by SB Crypto Guru News
May 28, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chainlink is trading below $10 as the...

Coinbase, Standard Chartered Partner to Add 6 Currency Access

Coinbase, Standard Chartered Partner to Add 6 Currency Access

by SB Crypto Guru News
May 27, 2026
0

Key TakeawaysCoinbase expanded institutional fiat access through Standard Chartered across six major currencies.New rails aim to reduce currency friction, settlement...

Load More
Next Post
Bitfarms schedules shareholder vote for October amid Riot’s intensified acquisition efforts

Bitfarms schedules shareholder vote for October amid Riot's intensified acquisition efforts

Bitcoin Seed Phrases: The Challenge of Mainstream Self-Custody Adoption

Bitcoin Seed Phrases: The Challenge of Mainstream Self-Custody Adoption

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.