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Tron And BitTorrent CEO Justin Sun Accuse Filecoin Of Running An Exit Scam

Emily Mason

Summary: Following the launch of the long-anticipated Filecoin mainnet BitTorrent and Tron CEO Justin Sun accused Filecoin developers of running an exit scam by selling 1.5 million FIL tokens at the price of $200 without community consent. Attached to Sun's tweet included a screenshot of a Filecoin founder's account showing them receiving 1.5 million FIL the day ...

Following the launch of the long-anticipated Filecoin mainnet BitTorrent and Tron CEO Justin Sun accused Filecoin developers of running an exit scam by selling 1.5 million FIL tokens at the price of $200 without community consent.

Attached to Sun's tweet included a screenshot of a Filecoin founder's account showing them receiving 1.5 million FIL the day of launch. The screenshot also shows 800,000 FIL moving to Huboi which Sun says caused the token's value to fall.

Crypto Twitter provided mixed reactions to the accusation with many commenters pointing out that Sun has been accused of similarly dumping TRON tokens. 

By Emily Mason

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