Justiin Sun dismisses 'made up' HTX address poisoning rumors

NewsTue, 18 Aug 2026 19:10:25 UTC1 hour ago
Justiin Sun dismisses 'made up' HTX address poisoning rumors

Justin Sun, the founder of TRON and owner of the HTX exchange, has dismissed a wave of reports that exchange wallets had been spraying small crypto transfers at unrelated addresses.

Sun said that the claims were fabricated, writing in Chinese on X on August 18, which, when translated to English, reads, “The investigation is clear: it’s all made up.”

However, he did not provide supporting details to the post. Sun linked to an unspecified follow-up but did not name the accusers, describe the transfers, or explain what his team had investigated.

Sun’s post comes after what is being seen as a noisy day for his exchange, HTX, formerly Huobi. Traders on the platform had been circulating for hours screenshots of unsolicited USDT landing in wallets that blockchain explorers tagged as belonging to the exchange. 

A trader known as 紫夜 (0xZiye) wrote that he had received 7.5 USDT to his Coinbase account, and he attributed it to Sun’s exchange. 

0xZiye wrote, “HTX is crazily transferring out small amounts, polluting other addresses.” The trader claimed that Coinbase informed him that his account would be closed unless he explained where the funds came from. 

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