China News Daily Official TheBitTimes.com

Justin Sun’s digital asset platform Tron (TRX) is set to go public in the US, according to a Financial Times report on Monday. Tron will go public in a reverse merger with Nasdaq-listed SRM Entertainment in a deal orchestrated by Dominari Securities, a New York-based boutique investment bank with ties to Donald Trump Jr and Eric Trump, according to two people briefed on the matter. As part of the deal, Tron will inject up to $210 million of token assets into the new company. JUST IN: Tron $TRX to go public in the US. — Watcher.Guru (@WatcherGuru) June 16, 2025 Tron has been on a steady climb in the last several months, including its native TRX cryptocurrency. Just four months ago, market regulators agreed to pause a fraud investigation into Justin Sun and his Tron platform. According to the Financial Times report, SRM Entertainment will buy and hold the Tron token. This is similar to that of Michael Saylor’s Strategy, which has done the same with Bitcoin (BTC). The public co...

Ben Armstrong, aka BitBoy, counters drug misuse allegations that led to his removal from BJ Investment Holdings, sharing drug test results and alleging a takeover plot. Ben Armstrong, better known as BitBoy, has fired back against allegations that led to his ousting from BJ Investment Holdings, the parent company of BitBoy. Armstrong was initially accused of drug misuse, charges he labels as “libelous” and “100% false.” Armstrong took to social media to clear his name, sharing negative results of a five-panel drug test. He claims these results affirm his innocence. I’ll take “Things That Never Happened” for $500, Nicholas. pic.twitter.com/Det0J9H0Y8 — $BEN (@joinBENCoin) August 29, 2023 Initially saying he would withhold further comments, Armstrong later broke his silence to deny any drug use firmly. He alleges that the real reason behind his dismissal is a plot by Justin Williams and TJ Shedd, CEO of Hit Network, to take control of the company ....