Crypto Influencer Raises Concerns Over TrueUSD’s Dubious Developments

Published 07/07/2023, 15:35
Updated 07/07/2023, 15:45
Crypto Influencer Raises Concerns Over TrueUSD’s Dubious Developments
T/USD
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  • Cochran highlights the risks and financial motivations involved in such a partnership.
  • The influencer believes that Changpeng Zhao makes calculated moves while Justin Sun is impulsive.
  • Adam Cochran is questioning the TrueUSD and Justin Sun partnership and their relation to Binance.

Twitter personality and marketing expert Adam Cochran continues to raise concerns regarding the partnership between TrueUSD and Justin Sun, in his recent tweets. This time, he also questions Changpeng Zhao and Binance.

In his initial tweet, Cochran presented a compelling question to his followers. He wondered whether the largest global exchange, which is Binance, would willingly join forces with what he describes as a “mess.” This could be a reference to Binance introducing zero maker free promotion for TUSD trading pairs despite the recent debacles of TUSD.

Cochran specifically mentioned the inclusion of collateral, free trading, and reward pools in this situation. He emphasized the significant risks to reputation and suggested that a substantial financial reward might be the only compelling factor to justify such a decision.

In his second tweet, Cochran acknowledged the strategic and calculated approach of Changpeng Zhao, the founder of Binance. Cochran highlighted Zhao’s astute understanding of reputational issues and the potential pitfalls associated with specific entities.

In contrast, Cochran alludes to Justin Sun, founder of TRON, whom he claimed to be impulsive and prone to taking reckless actions. Despite these differences, Cochran alleges that a partnership exists between these figures, leaving observers curious about the underlying motivations.

The analyst’s series of tweets was a reply to one of his earlier tweets from July 1. In the tweet thread, Cochran revealed an intriguing backstory. He disclosed that TUSD had threatened legal action against him for suggesting any connection to Justin Sun.

This prompted Cochran to conduct a thorough investigation into the ownership web surrounding TUSD, Huobi, and Sun’s various shell companies worldwide. Cochran’s efforts hinted at a complex network of affiliations, raising further questions about potential hidden ties and undisclosed relationships.

The post Crypto Influencer Raises Concerns Over TrueUSD’s Dubious Developments appeared first on Coin Edition.

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