dustattack

I thought the HTX story was just another sanctions story.
Then I started following the timeline.
HTX first came under UK sanctions scrutiny in May over alleged links to Russia's crypto economy. In July, the EU added HTX to its sanctions list, accusing crypto companies including HTX of helping Russian users get around restrictions.
Then on August 14, Binance announced that it would stop processing transactions involving HTX from August 23.
In case you missed it here it is :
Binance About To Stop Transactions
So it's stopping transactions with those 16 exchanges ,among them HTX.
And now this.
An Ethereum wallet labelled HTX 48 sent around 166 small USDT transactions in a short period.
Justin Sun himself acknowledged the transactions.
According to his statement, 15 addresses received exactly 7.50 USDT.
And at least one recipient has publicly spoken about receiving the unexpected money.
So this isn't a case of someone looking at a blockchain explorer and inventing a transaction.
The USDT was actualy sent, anyone can look it up 👇
The argument is about why?
HTX says it did not initiate the transfers and is investigating whether the wallet attribution is wrong or whether someone deliberately made the transfers appear to come from HTX.
Sun called the allegations fabricated.
But here's the thing I can't get out of my head.
Why send someone $1, $2 or $7.50?
Traditional dusting can be used to track wallets. Address poisoning can be used to trick people into copying the wrong address.
But what if there's another use?
Imagine you're an exchange trying to distance yourself from HTX because regulators are telling you to.
Then tiny amounts of USDT start appearing in your customers' wallets from an HTX-linked address.
The customer didn't ask for it.
But the blockchain doesn't care.
Now the customer is asking:
“Why am I being flagged? I never used HTX.”
And the exchange has to investigate.
Multiply that across hundreds of wallets and suddenly the company you're trying to isolate has made itself very difficult to ignore.
I'm not saying Justin Sun did this.
He said he didn't.
I'm just thinking about what this would look like if someone wanted to do it.
You know...
"If I Did It."
Justin has eaten a $6.2 million banana.
He paid $28 million for a seat on a spaceflight bid, and eventually went to space anyway.
He sued Trump's World Liberty Financial after his WLFI holdings were frozen, alleging roughly $1 billion in tokens were affected.
Justin has done lot of excentric things in the past but does that mean he did this one too? I guess the facts will tell us. 🤷‍♀️
Now HTX is being pushed further away from major exchanges while tiny amounts of USDT connected to an HTX labelled wallet mysteriously turn up in other people's wallets.
Some of the users reports on X 👆
Users reporting their accounts have been frozen over $0.007 even on some exchanges as result of the "dust attack"... Imagine having tgousends of dollars and the exchange freezes them because someone sent you $0.007! You didn't ask for them, maybe you haven't even noticed them, but the moment you interact with them you are flagged "suspicious"! This went so far that even the onchain detective ZackXBT reacted saying that exchanges took it too far.
So what is next for Justin Sun?
At this point, I'm almost afraid to as.
$TRX
$SUN
#JustinSun #DustAttack #TrendingTopic