Justin Sun: XCN (Chain) is currently engaging in serious market manipulation, which may cause damage to exchange users

Odaily News TRON founder Justin Sun said in a post on the X platform: "XCN (Chain) is currently engaging in serious market manipulation. They use high leverage and contracts, which may cause serious damage to many exchange users. I suggest that exchanges pay close attention to this risk. We will report their illegal activities to the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) for further investigation."