Chain denies involvement in XCN trading, emphasizing OnyxDAO’s management role while exploring legal action against Sun’s accusations.
Despite controversy, XCN maintains momentum with 31.72% daily gain and $1.42B trading volume, signaling market confidence.
Sun calls for SEC and DoJ investigation while TRX faces consolidation concerns despite his optimistic stance on network value.
Tron Network founder Justin Sun faces potential legal action from blockchain startup Chain following controversial market manipulation accusations. In a January 24 post on X, Sun directly challenged the Pantera Capital-backed company, prompting an immediate response.
