Binance Co-Founder, TRON Founder Violate Weibo Community Guidelines, Platform Deletes Accounts


  • Both Justin Sun of TRON and Yi He of Binance had their accounts deleted from Weibo.
  • Sun posted to Twitter to tell followers that the platform is working to resolve this issue with the social media platform.

Justin Sun is one of the most well-known names in the cryptocurrency industry, both for his founding of TRON and his many controversial moves. He’s been linked to many false giveaways, and his passion for cryptocurrency has led to some unfortunate consequences. Now, as reported by The Block and other news media websites, Sun’s recent activity with Weibo has led to the shutdown of his account, as well as the account of Yi He, the co-founder of Binance.

Presently, on both Sun’s and He’s accounts, users will see the following message:

“The account has been blocked due to violations of laws and regulations and the relevant provisions of the Weibo Community Convention.”

The specific circumstances are unclear, but Sun has been making waves for a while, following the hype over his scheduled lunch with Warren Buffett which never happened.

While the deletions are obviously bad for both parties, Sun had used Weibo as a way to engage with the supporters of the TRON blockchain in China. As it stands, neither profile can be searched with their Weibo IDs.

Still, there are other cryptocurrency executives that manage to maintain their accounts. Star Xu of OKCoin, Leon Li of Huobi, and Changpeng Zhao of Binance all have active accounts still. While Zhao may still have access to his account, Weibo cited similar reasons when the platform decided to block the Binance account, as well as the account for the TRON Foundation. Binance responded by getting a new account, which The Block reports is still active.

In an effort to control the potential damage to TRON’s reputation, Sun has already taken to Twitter to let users know that there’s nothing to worry about. Sun vowed that everything will soon be resolved with Weibo, adding his Twitter handle for any users to follow as well.

At the time of writing, TRON’s TRX token had fallen by 3.36% in the last 24 hours, bringing the value down to $0.013714. The token has been rather steady in recent months, though the last jump recorded was in June, rising to $0.037408 at the time.

TRON (TRX) Live Price

1 TRX/USD =$0.0690 change ~ -1.08%

Coin Market Cap

$6.37 Billion

24 Hour Volume

$115.39 Million

24 Hour VWAP

$0

24 Hour Change

$0.00

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