
On February 27, the Beijing Internet Court of China ruled that Mr. Sun, the global consultant of Huobi HTX and founder of Tron TRON, won the case in a major lawsuit against Sina Finance for infringing on his reputation rights. The court ruled that Sina Finance released a special topic "FBI Investigation of Justin Sun! 》 and many related reports constituted slander and damaged Mr. Sun Yuchen's reputation. The court asked Sina Finance to delete the infringing content, apologize publicly, and pay mental damage compensation.
It is reported that in March 2022, Sina Finance released a series of false reports on Mr. Sun on its official website and multiple platforms without verification, including serious false accusations such as insider trading, money laundering, and fraud. It maliciously misleads the public with the title of "FBI Investigation of Justin Sun". Sina Finance failed to fulfill its reasonable verification obligation, which caused serious damage to Mr. Sun Yuchen's reputation.