- A lady claiming to be Justin Solar’s former accomplice has accused him of orchestrating coordinated TRX value manipulation utilizing a number of Binance accounts throughout the token’s early years.
- Whereas unverified, the allegations carefully mirror prior SEC claims involving wash buying and selling, synthetic quantity, and insider profit-taking tied to TRON and BitTorrent.
- The claims resurface amid renewed political scrutiny over paused crypto enforcement instances, doubtlessly reopening debate round TRON’s early buying and selling practices and regulatory affect.
Tron founder Justin Solar is dealing with renewed scrutiny after a girl claiming to be his former girlfriend publicly accused him of orchestrating large-scale market manipulation throughout TRX’s early days. The allegations, which surfaced this week, rapidly reignited debate round Solar’s previous and the long-running questions surrounding TRON’s rise.
In keeping with the accuser, Solar allegedly used a number of Binance accounts to artificially inflate TRX’s value earlier than dumping tokens on retail buyers. Whereas the claims haven’t but been verified, their degree of element has drawn severe consideration throughout the crypto area.
Justin Solar Accused of Utilizing Binance Accounts to Manipulate TRX
The lady, who identifies herself as Ten Ten (Zeng Ying), says she was romantically concerned with Solar throughout TRON’s launch and early progress interval. In her public statements, she alleges that 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 accounts, she claims, have been then utilized in coordinated buying and selling exercise designed to push TRX’s value and market capitalization increased in late 2017 and early 2018. In keeping with her account, aggressive shopping for created the looks of natural demand, which was later adopted by large-scale sell-offs.
Ten Ten alleges that these sell-offs dumped tokens onto retail buyers and generated what she described as “huge unlawful earnings.” She claims to be in possession of WeChat chat information, insider testimony from workers, and extra documentation supporting her claims.
“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. She added that what has been shared publicly thus far represents solely a small portion of the fabric.
She has additionally acknowledged her willingness to cooperate absolutely with any investigation by the U.S. Securities and Alternate Fee, urging regulators to contact her instantly.
Allegations Mirror Prior SEC Claims
Though Ten Ten’s accusations stay unverified, they carefully resemble allegations beforehand raised by the SEC. In March 2023, the regulator filed a civil lawsuit towards Solar, Tron Basis Restricted, BitTorrent Basis Ltd., and Rainberry Inc., previously often called BitTorrent.
In that case, the SEC accused the entities of conducting unregistered affords and gross sales of TRX and BitTorrent Token, together with partaking in in depth market manipulation. The criticism alleged that Solar carried out wash buying and selling by executing greater than 600,000 trades between April 2018 and February 2019.
In keeping with the SEC, these trades have been made by means of managed or nominee accounts to create synthetic buying and selling quantity and value stability with out real adjustments in possession. The company additionally accused Solar of orchestrating undisclosed paid celeb promotions to hype the tokens, claiming the scheme generated roughly $31 million in unlawful proceeds.
Whereas the SEC’s authentic case didn’t particularly reference worker identities or Binance accounts, the core allegations align carefully with Ten Ten’s description of early TRX buying and selling habits. Coordinated buying and selling, synthetic quantity inflation, and insider profit-taking sit on the heart of each narratives.
The SEC case was stayed in February 2025, shortly after reviews emerged that Solar had invested hundreds of thousands into Trump household–linked crypto ventures, together with World Liberty Monetary. These investments have been reported to have benefited Donald Trump by roughly $50 million.
The pause, which has since been prolonged, drew criticism from U.S. Representatives Maxine Waters, Sean Casten, and Brad Sherman in mid-January 2026. In a letter to SEC Chairman Paul Atkins, the lawmakers questioned what they described as a broader pullback in 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,” they wrote.
Private Motives, Public Stakes
In her statements, Ten Ten framed her determination to return ahead as each private and ethical. She mentioned she witnessed alleged exploitation of retail buyers, cash laundering exercise, and using 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 U.S. justice given the alleged ties. Ten Ten acknowledged that she is preserving proof securely and expressed concern for her private security.
Solar has not addressed the substance of the accusations. His solely public response was a short put up on X, saying, “Ignore the FUD and preserve constructing & holding.”
As of February 1, 2026, neither Binance nor the SEC has issued public feedback concerning the brand new claims.
It’s not possible to disregard that allegations from former companions carry the danger of private bias. Nonetheless, the extent of element, the overlap with prior SEC findings, and the timing amid heightened political and regulatory scrutiny give the claims weight past routine social media drama.
If substantiated, they may intensify stress for renewed examination of TRON’s early buying and selling practices, enforcement consistency, and the rising intersection between crypto, politics, and affect.
On the time of writing, TRON’s TRX token was buying and selling round $0.2843, down roughly 0.5% over the previous 24 hours.
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