"Justin Sun suspected of holding 64% of TRX supply"

Minseung Kang

Summary

It was reported that Justin Sun, founder of TRON (TRX), is suspected of holding 64% of the TRX supply.
Bloomberg's analysis estimates that Justin Sun holds about 60 billion TRX.
Justin Sun has contested the estimate and is reportedly pursuing a lawsuit.

Justin Sun, the founder of TRON (TRX), is suspected of holding about 64% of the total TRX supply.

On the 26th (local time), Zoomer, a channel specializing in virtual assets (cryptocurrencies), cited Bloomberg and reported, "According to records of cryptocurrencies held by Sun, he is estimated to hold 64% of the TRX supply."

That day, Bloomberg Businessweek, citing analysis by the Bloomberg Billionaires Index team, reported that Justin Sun holds about 60 billion TRX. This figure was calculated based on the asset records and the wallet address list that Sun's side provided to Bloomberg in February. Sun filed an injunction to prohibit publication in court, arguing that the estimate was incorrect, but it was dismissed, and the lawsuit is currently ongoing.

TRX