Justin Sun announces launch to combat Web3 scams

Justin Sun, the founder of Tron, has announced the official launch of a platform designed to enhance transparency and combat scams in the Web3 space. This initiative comes as a response to the First Digital Trust (FDT) and ARIA scam, which involved over 500 million USD in embezzled funds. The platform aims to track and mitigate fraudulent activities, safeguarding investors and promoting trust in the budding industry. Such transparency measures are seen as crucial steps in securing the future of digital assets and Web3 technologies.
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In the previous news, tweet author Justin Sun discussed the strategic developments surrounding JST and its growth potential. Read more.