Sun Yuchen accuses XCN of market manipulation and calls on major exchanges to closely monitor related risks

Justin Sun posted on social media platforms accusing the XCN (@ Chain) project of conducting significant market manipulation activities, using high leverage and contracts that may cause serious damage to users of multiple exchanges. He called on major exchanges, including Coinbase, Kraken, Bybit, KuCoin, and HTX, to closely monitor related risks and stated that they will report their illegal activities to the US SEC and Department of Justice (DOJ) for further investigation.