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Tron CEO Justin Sun Reveals Holding ‘Huge Bag’ of BNB, HT, OKB - Will Huobi and OKEx Become New Tron SRs?

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  • Yuri Molchan
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    Justin Sun is again dropping hints at possible new Tron’s announcements; some in the community believe that Sun plans to add new Tron Super Representatives – Huobi, OKEx

Tron CEO Justin Sun Reveals Holding ‘Huge Bag’ of BNB, HT, OKB - Will Huobi and OKEx Become New Tron SRs?
Cover image via www.forbes.com
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After the Binance exchange became Tron’s Super Representative (SR) number one recently, some in the Tron community are starting to assume that more crypto exchanges are going to be added in this role soon as well.

 

Justin Sun posts a tweet with a ‘riddle’

At the weekend, the head of Tron Justin Sun posted a tweet, in which he shared that he is a holder of ‘a huge bag’ of Binance Coin (BNB), Huobi Token (HT) and OKB.

He also says I ‘help out my friends’ and that he bets on exchanges that support TRX. This made some in the comment thread start ‘reading between the lines’ and assume that just like Binance, Huobi and OKEx may become Tron SRs soon.

Tron SRs
Image via Twitter

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Justin Sun also played riddles about Huobi 

Previously, U.Today reported that Huobi Global now supports the Tron-based USDT stablecoin.  Prior to that, Justin Sun gave his followers a riddle to guess about Huobi Global.

Later on, he also provided the answer – Huobi Global now supports the Tron-issued USDT coin.

Meanwhile, as per a recent tweet by the Tron founder, the amount of TRC-20-based USDT coins now totals 250 mln – another milestone for the Tron Foundation and its CEO.

 

What are your thoughts of a possibility of Huobi and OKEx becoming new Tron Super Representatives? Share them in the comments section below!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Ripple Once Again Tries to Toss Class-Action Lawsuit, Insists XRP Is Not a Security

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  • Alex Dovbnya
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    Ripple makes a final push to dismiss the damning class-action lawsuit ahead of a court hearing that is scheduled for January 2020

Ripple Once Again Tries to Toss Class-Action Lawsuit, Insists XRP Is Not a Security
Cover image via 123rf.com

Ripple has once once again asked a federal court to dismiss the pending class-action lawsuit over selling illegal securities, a new court filing shows.

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The company reiterates the same "statue of repose" argument, which means that the plaintiffs failed to meet a legal deadline for filing the suit. Ripple started selling XRP to retail investors back in 2013, which means that it was way too late to bring legal actions against it back in summer 2018 after a bar to a lawsuit was imposed in 2016.    

The blockchain behemoth also continues to insist that XRP is not a security, but it called this issue "irrelevant" to their latest motion, which is why it didn't address this point in-depth. It's not the first time that Ripple tries to dodge the big question that is the cornerstone of the long-lasting legal battle. 

"XRP is not a security, but that is irrelevant for purposes of this motion. Even if XRP were a security, Plaintiff's claims still fail as a matter of law,” the filing said.   

Ripple's previous attempt to throw the suit out of the court didn't bode well. As reported by U.Today, Bradley Sostack, the leading plaintiff in the ongoing case, believes that the defendants are still liable for selling illegal securities. The parties are expected to duke it out in court in January 2020.  

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XRP's status as a security remains a point of contention within the cryptocurrency industry. Crypto influencer BitLord recently slammed Ripple for dumping their native tokens on investors to acquire businesses.    

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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