Accuser Says Justin Sun Orchestrated TRX Wash Trades on Binance

Overview

• A woman identifying as Zeng Ying, or Ten Ten, alleges Sun directed employees to register personal Binance accounts used to inflate TRX through synchronized trades before selling into retail demand.
• She says she holds chat logs, WeChat messages, account records and insider testimony, and has offered to provide the materials to U.S. regulators.
• The accuser further claims a broader scheme that linked Tron, Binance and paid KOL networks to coordinate market moves, a charge amplified by high‑profile crypto commentators.
• Ten Ten alleges several named employees in mainland China were later sent to detention facilities and says she is safeguarding evidence while seeking to cooperate with authorities.
• Sun posted "Ignore the FUD and keep building & holding" as Binance and the SEC offered no comment, market reaction stayed muted, and the allegations aligned with the SEC’s 2023 complaint that cited more than 600,000 wash trades and a case now paused since 2025 with related congressional scrutiny.