Justin Sun wins court ruling blocking arbitration in World Liberty Financial dispute
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Legal Proceedings
A California federal court ruled in favor of @justinsuntron, blocking World Liberty Financial's attempt to force the dispute into secret arbitration proceedings and seal documents from public view (Aug 20, 20:26 UTC). The court sided with Sun's argument that the case belongs in open court, per the announcement. Sun described the ruling as a major victory, stating that his legal team argued forcefully for public proceedings (Aug 20, 20:05 UTC).
Network Metrics
TRON's cumulative transfer volume surpassed $29 trillion, according to @justinsuntron (Aug 20, 06:10 UTC). @sunyuchentron cited the same figure (Aug 20, 09:07 UTC) and separately stated that TRON has locked in a trillion-token target with a goal to surpass OpenRouter by year-end (Aug 20, 03:58 UTC). @justinsuntron referenced joining a "1T Club" in two separate posts (Aug 20, 20:28 UTC and Aug 20, 20:16 UTC).
Governance and Infrastructure
@trondao confirmed that TRON is preparing for its next TVM upgrade, with on-chain governance votes scheduled for August 25 (Aug 20, 17:42 UTC). The update introduces capabilities designed to strengthen compatibility, security, and developer functionality across the network, the account stated.
DeFi Season and Yield Products
TRON DeFi Summer Season 2 is underway with a $2.35 million reward pool and boosted APR opportunities available through Binance Wallet DeFi's JustLend DAO pools, @DeFi_JUST announced (Aug 20, 12:15 UTC). Assets including TRX, JST, SUN, and USDD are available in the pools, with the current boosted APR reaching as high as 43 percent, the account noted. Separately, @DeFi_JUST promoted sTRX staking with a six-hour average APY of 4.23 percent, stating that the product turns TRX into a working asset earning from governance rewards and energy rental income (Aug 20, 06:58 UTC).
GasFree now supports USDD transfers without requiring TRX to pay transaction fees, @DeFi_JUST stated (Aug 20, 04:26 UTC). The account also noted that USDD PSM enables 1:1 zero-slippage swaps between USDT and USDD.
Exchange Security
HTX upgraded its security architecture with a multi-address withdrawal system that distributes hot wallet assets across multiple locations, @justinsuntron announced (Aug 20, 17:06 UTC and Aug 20, 17:04 UTC). Withdrawal addresses will rotate automatically on a regular basis, with old addresses immediately decommissioned and no longer controlled after new addresses are activated, the announcement specified. Sun described the move as HTX listening to community requests for stronger security and confirmed that user assets remain 100 percent secure.
Treasury Activity
Tron Inc. acquired 149,642 TRX tokens at an average price of $0.3341, bringing total treasury holdings to more than 710.6 million TRX, @TRON_INC disclosed (Aug 20, 02:47 UTC). The company aims to grow its holdings further to enhance long-term shareholder value, the announcement stated.