Justin Sun Accused of TRX Price Manipulation by Alleged Ex-Girlfriend

TheNewsCryptoPublished on 2026-02-02Last updated on 2026-02-02

Abstract

Justin Sun, founder of Tron, is accused by a woman named Ten Ten, who claims to be his ex-girlfriend, of manipulating the price of TRX. She alleges that Sun used employee identities to operate Binance accounts in 2017 and 2018 to conduct coordinated buying and selling, artificially inflating TRX's price and market cap. After the price surge, insiders allegedly sold off holdings for profit, causing losses to investors. Ten Ten claims to have extensive evidence, including WeChat records, emails, and exchange logs, and has named 12 other individuals involved. She states she is prepared to fully cooperate with a U.S. SEC investigation.

The founder of Tron, Justin Sun, has been alleged by a woman, Ten Ten, who claims to be his ex-girlfriend. Ten has shared a number of posts on X claiming to manipulate the TRX price.

After the post, attention has been directed towards the claims, and the demand for stricter action from law enforcement agencies has surged. Ten Ten is standing by her words and has also clarified that she is not making any baseless allegations and alleges to have extensive evidence.

She has also claimed that Justin Sun has used the identities of various employees in Beijing to run Binance accounts in late 2017 and 2018. As per her statements, these accounts were then used to run coordinated buying and selling of TRX to further surge the price.

She claimed that all this planning was done to artificially surge the price and market capitalisation of TRX. After the price surged, large-scale sell-offs happened, permitting insiders to profit, and at the same time, investors went through losses.

Not only this, but Sun also used media exposure and public hype to create excitement around TRX. The build image consisted of innovation and success; however, the reality revolved around insider trading and coordinated trades.

The Concrete Evidence

She also mentioned that insider trading and coordinated trades were one of the factors playing an important role in increasing the wealth of Justin Sun. She also revealed the names of 12 other people involved from mainland China, claiming that they worked under Justin Sun and were involved in such activities.

She highlighted that she was silent for years because of fear, saying money and influence, but that fear is not anymore. She also joked that “I also have an Epstein file of the crypto world.”

In the end, Ten Ten also assured that she is prepared to cooperate completely with an investigation by the U.S. Securities and Exchange Commission. She stated that she has WeChat records, emails, exchange activity logs and much more evidence to back her allegations.

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