• In a brand new tweet, Justin Solar says Chain.com engages in ‘vital’ market manipulation
• The chain staff denies all accusations and threatened to sue
• Onyxdao concerned within the feud weighed in as nicely

Chain.com is a Web3 platform that provides a number of blockchain-based merchandise and is “presently engaged in vital market operations.” That is in response to Justin Solar, the founding father of Tron and one of the crucial outstanding figures within the cryptocurrency area.

In a brief tweet posted earlier right now, Solar stated the chain “makes use of excessive leverage and contracts which have the potential to trigger critical hurt to many change customers.”

“We encourage main exchanges to pay shut consideration to this danger. We’ll report their unlawful actions to the SEC and DOJ for additional investigation,” he added in a tweet.

Chain.com is a platform that gives blockchain-based software program options similar to customizable ledgers, real-time analytics, and NFT consulting providers to assist companies work with Web3 know-how.

Sequence (a customizable immutable ledger designed to streamline enterprise transaction administration), ChainCloud (a platform that gives real-time evaluation and upkeep of your chosen blockchain community), ChainNFT (a consulting service that grants termination, and so on.), We provide a number of blockchain-based merchandise – assist for NFT tasks tailor-made to each established manufacturers and new creators, and Chain. Prime (a premier brokerage agency designed for accredited buyers and establishments to execute large-scale digital asset trades with low slippage and minimal charges).

Chain.com denied all allegations and responded to the tweet, stating that it was not actively concerned in XCN buying and selling. It additionally recommended a lawsuit in opposition to the Solar:

“Chain Workforce just isn’t actively concerned in XCN buying and selling and isn’t instantly or not directly concerned in market manipulation,” the reply reads. “We take these allegations very severely and are searching for authorized cures in opposition to Justin Solar. XCN is managed by Onyxdao, not Chain.”

Onyxdao fights again

Onyxdao additionally rang out after being thrown the gauntlet, giving him a side of the story. In a swift response, they denied the allegations, primarily claiming that The Solar was mendacity and saying his motives had been purely monetary.

“Onyxdao condemns current statements by Justinsun. None of our companions are engaged in XCN buying and selling or XCN contract buying and selling,” the tweet reads.

“$XCN lastly will get $GME Moments and others who offered $XCN (like Justin Solar) are making false statements. Hold #Buidl.”

We’ve got reached out to each the chain staff and Justin Solar for clarification and can replace this text if we hear again.