The launch of the bounty program comes simply weeks after Solar settled a long-running SEC case for $10 million, with all claims dismissed.
Tron founder Justin Solar has mentioned that his crew has constructed an AI system able to figuring out suspects in crypto fraud instances.
He additionally mentioned that he’ll put $100 million in rewards for anybody who helps convey the criminals to justice.
What Solar Is Claiming
In a March 26 submit on X, Solar claimed that his individuals had “independently developed” an AI system that may course of advanced case knowledge and shortly establish suspects.
In line with him, the system has already analyzed prison instances with a mixed worth exceeding $1 billion, and that 10% of that determine, $100 million, shall be distributed as rewards to white-hat contributors and legislation enforcement businesses concerned in profitable prosecutions. An internet site, web3bounty.io, has been launched to simply accept tip submissions.
Solar talked about a number of people and corporations in his announcement which are accused of misappropriating over $456 million in reserves tied to the TrueUSD (TUSD) stablecoin, together with First Digital Belief (FDT) and its CEO Vincent Chok, in addition to Matthew William Brittain, described as an funding supervisor at Aria Commodity Finance Fund (ACFF) and director and chief funding officer at DMCC.
The web3bounty web site additionally listed extra names supposedly concerned within the crime, akin to Christian Alexander Boehnke, head of finance and operations at TrueCoin, which was a subsidiary of Archblock and a former operator of TUSD. The group is alleged to have pilfered the $456 million between 2021 and 2022, together with an extra $109 million from the 2020 to 2021 interval, with funds mentioned to have flowed by means of financial institution accounts linked to ACFF and DMCC.
First Digital Belief has beforehand denied Solar’s fraud allegations. Solar himself had been pursuing authorized motion in opposition to FDT since a minimum of mid-2024, claiming it didn’t return funds belonging to Tron-affiliated entities.
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Tron’s Regulatory Backdrop
Earlier this month, on March 6, Solar confirmed {that a} long-running case with the US Securities and Alternate Fee (SEC) had been resolved by means of a $10 million settlement, with all claims dismissed and no admission of wrongdoing.
That decision eliminated a layer of uncertainty round Tron’s management because the community faces ongoing scrutiny over how it’s used. In line with reviews, full-year USDT switch quantity on Tron reached roughly $7.9 trillion in 2025, with on-chain USDT provide accounting for round 42% of worldwide USDT in circulation. Additionally, Chinese language blockchain outlet BlockTempo noted that Tron’s low charges make it a frequent alternative for Southeast Asian rip-off operations, playing, and cash laundering, and that international unlawful crypto inflows hit a report $154 to $158 billion.
As well as, the FBI’s New York area workplace lately warned Tron customers a few phishing marketing campaign utilizing faux TRC20 tokens impersonating the company to steal pockets credentials.
TRX, Tron’s native token, was buying and selling round $0.31 on the time of writing, up roughly 4% over the previous seven days, with no fast notable value response to Solar’s submit.
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