Sun stated that the crypto exchange has “no intention of changing ownership”.

Dubai Regulator Demands Binance Provide Info on Ownership; Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake; OKX and Google Cloud Host Successful Hackathon for Decentralized Applications on OKT Chain

Binance, the world’s largest cryptocurrency exchange by volume, recently turned down an offer to acquire Tron blockchain founder Justin Sun’s ownership stake in rival exchange Huobi, according to a person familiar with the matter.

Tron network founder Justin Sun said his blockchain networks — TRON (TRX) and BitTorrent (BTT)– are exploring ways to integrate zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) into their ecosystems.

In a filing on March 22, 2023, the Securities and Exchange Commission charged TRON founder Justin Sun with fraud, along with three companies he owned: Tron Foundation, BitTorrent Foundation, and Rainberry Inc.

Justin Sun, the billionaire crypto entrepreneur and founder of Tron, has denied claims that he is seeking to sell his stake in Huobi Global, a global cryptocurrency exchange. A Bloomberg report had claimed that Sun had been in talks with potential investors over the past weeks, but Sun denied the report, stating that Huobi Global aims to provide a "safe, reliable, and innovative platform". Sun's involvement with Huobi has been cloaked in mystery, with reports suggesting that he may have been the real buyer of a stake sold by the exchange's founder and controlling shareholder last year. Huobi has also reportedly devised a scheme involving Dominica's digital citizenship program to bypass Beijing's trading restrictions and regain Chinese customers.

Crypto entrepreneur Justin Sun has held talks about selling a stake in digital-asset exchange Huobi Global, according to a person with direct knowledge of the matter.

Justin Sun, the founder of Tron, has been appointed as Grenada's ambassador to the World Trade Organization (WTO). The appointment has been met with mixed reactions, with some praising Sun's entrepreneurial spirit and others expressing concerns about his controversial history in the cryptocurrency industry.

The U.S. Securities and Exchange Commission on Wednesday charged Chinese cryptocurrency entrepreneur and Grenada’s immediate former Ambassador to the World Trade Organisation, Justin Sun with fraud and accused eight celebrities including actress Lindsay Lohan and rapper Soulja Boy with illegally promoting his crypto assets.