The Rise and Fall of Poloniex: From Exchange Leader to Petty Threats
Going from being the most respected and liquid exchange in the space to delisting coins for petty, personal reasons, the story of Poloniex has quickly evolved from serendipity to tragedy. Never before has an exchange resorted to such petty measures, but it comes as no surprise that Justin Sun and his ilk are unable to muster an ounce of professionalism.
From a falsifying a partnership with Liverpool FC, to a fake Tesla giveaway, and finally his blatant lies regarding the reason he could not make lunch with Warren Buffet – an event he paid $4.5 million for – Justin Sun has now outdone himself by buying one of the most reputed exchanges and turning it into an entity that fights his petty fights for him. Poloniex aside, Justin Sun recently donated money to a TRON community member to harass employees of The Block for reporting about an alleged raid at a Binance Shanghai office.
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