Tron founder Justin Solar faces renewed scrutiny after a lady claiming to be his former girlfriend publicly accused him of orchestrating large-scale market manipulation throughout TRX’s early years.
Allegedly, the controversial crypto government used a number of Binance accounts to inflate costs earlier than dumping tokens on retail traders.
Justin Solar Accused of Utilizing Binance Accounts to Manipulate TRX
The accuser, figuring out herself as Ten Ten (Zeng Ying), said that she was romantically concerned with Solar throughout TRON’s launch and early development phases.
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She alleges that Justin Solar instructed a number of Beijing-based workers to make use of their private identities and cell phones to register quite a few Binance accounts. These had been then utilized in coordinated buying and selling exercise.
Allegedly, these accounts carried out aggressive shopping for to artificially increase TRX’s value and market capitalization in late 2017 and early 2018.
Giant-scale sell-offs adopted, allegedly dumping tokens on retail traders and producing what she described as “monumental unlawful income.”
“I’m in possession of proof displaying that he used the identities and cell phones of a number of workers to register quite a few Binance accounts,” she wrote.
Ten Ten claims to carry WeChat chat data, insider testimony from workers, and extra documentation. She emphasizes that what has been disclosed publicly to this point represents “solely a really small portion” of the fabric.
Additional, the girl states her willingness to totally cooperate with any investigation by the US SEC. She additionally urges the authorities to contact her.
There’s Precedent Regardless of Ten Ten’s Unverified Claims
Whereas the claims stay unverified, they intently echo allegations beforehand made by the SEC. In March 2023, the regulator filed a civil lawsuit towards Solar, Tron Basis Restricted, BitTorrent Basis Ltd., and Rainberry Inc. (previously BitTorrent).
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The securities regulator accused them of unregistered affords and gross sales of TRX and BitTorrent Token (BTT), in addition to in depth market manipulation.
In that grievance, the SEC alleged Solar engaged in wash buying and selling. Reportedly, he executed over 600,000 trades between April 2018 and February 2019. Reportedly, he used managed or nominee accounts to create synthetic buying and selling quantity and value stability with out real modifications in possession.
The company additionally accused Solar of orchestrating undisclosed paid superstar promotions to hype the tokens. The SEC stated the scheme generated roughly $31 million in unlawful proceeds.
The sooner case didn’t explicitly reference worker identities or Binance accounts. Nonetheless, the core allegations intently align with Ten Ten’s account of TRX’s early buying and selling exercise. These are:
- Coordinated buying and selling
- Synthetic quantity inflation, and
- Insider profit-taking
The SEC case was stayed in February 2025. This was shortly after reviews emerged that Solar had invested thousands and thousands into Trump household–linked crypto ventures, together with World Liberty Monetary, allegedly benefiting Donald Trump by round $50 million.
The pause, which has since been prolonged, drew criticism from US Representatives Maxine Waters, Sean Casten, and Brad Sherman in mid-January 2026.
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In a letter to SEC Chairman Paul Atkins, the lawmakers questioned the company’s obvious retreat from crypto enforcement. They cited paused or dropped instances involving Solar, Binance, Coinbase, and Kraken, and warned of a possible “pay-to-play” dynamic tied to political affect.
“The SEC’s request to remain the Solar litigation, and subsequent efforts to settle the matter, might have been unduly influenced by Solar’s relationship with the Trump household, together with his vital monetary contributions to their companies,” they wrote.
In her statements, Ten Ten framed her determination to return ahead as each private and ethical. She reveals:
- Witnessing alleged exploitation of retail traders
- Cash laundering, and
- The usage of wealth to fabricate reward and political safety.
She additionally publicly appealed to Donald Trump and Eric Trump to distance themselves from Solar, questioning the integrity of US justice in gentle of such ties. She stated she is preserving proof securely and fears for her private security.
Solar has not addressed the substance of the allegations. His solely public response was a short publish on X stating, “Ignore the FUD and maintain constructing & holding.”
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Neither Binance nor the SEC has issued public feedback on the brand new claims as of February 1, 2026.
It’s unattainable to disregard the truth that allegations from former companions warrant warning attributable to potential private bias.
Nonetheless, the extent of element, their alignment with prior SEC findings, and their emergence amid broader political and regulatory scrutiny give the claims weight past mere social media drama.
If substantiated, they may intensify strain for renewed examination of TRON’s early buying and selling practices, enforcement consistency, and the position of affect on the intersection of crypto, politics, and regulation.
TRON’s TRX token was buying and selling for $0.2843 as of this writing, down by a modest 0.5% within the final 24 hours.