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Justin Sun: Shattering Fake News with the Rule of Law and Building a Transparent Global Digital Economy

Interview | Jul 5, 2024

Following a landmark victory in China's People's Court, Justin Sun discussed the case with The Block. He emphasized that the ruling disproves fabricated allegations and proves the legal protection of crypto pioneers, marking a new era of compliance and growth for TRON and the industry.


Introduction:
In the fast-evolving world of blockchain, reputation is the most valuable asset. Following his final legal victory in a defamation case in China, Justin Sun joined The Scoop by The Block to clarify the truth and share his vision for a compliant future.

I. A Victory for the "Long-term Builders"

Frank Chaparro: Welcome back, Justin. Congratulations on your legal victory against the media group that published false content. What does this moment mean for you and the TRON community?

Justin Sun: Thank you, Frank. Fake news has been a persistent issue in crypto for over a decade. Since I started in 2012, I’ve seen how rumors can be manufactured for profit or traffic. We spent two years in the People’s Court of China to prove that accusations of "insider trading" or "fleeing" were entirely fabricated. The court's exhaustive investigation confirmed these claims had no factual basis. Holding these entities accountable is essential because we are here for the long term.

II. Challenging Stereotypes about the Legal Landscape

Frank Chaparro: Many believe crypto entrepreneurs lack legal standing in certain jurisdictions. Did this case change that perception?

Justin Sun: Absolutely. There is a stereotype that the judicial system is inherently anti-crypto. This victory proves that the People’s Court rules based on facts, not bias. It sends a strong signal to the global market: the legitimate rights of digital economy practitioners are protected by law. It’s a milestone for the entire industry’s legitimacy.

III. The Road Ahead: Global Adoption and Innovation

Frank Chaparro: How do you see the market evolving in the next 12 months?

Justin Sun: I am very bullish. From the US elections where crypto has become a key policy issue, to Hong Kong’s new licensing regimes, the environment is becoming more friendly than it was three years ago. With my reputation fully vindicated, my focus remains on building the TRON infrastructure. We now serve over 200 million users, and our goal is to continue providing a transparent and efficient decentralized financial network for the world.