Circle: Does not provide banking services to Justin Sun, Tron Foundation or HTX

In a letter to U.S. Senators Sherrod Brown and Elizabeth Warren, Circle refuted what it called false accusations that it facilitated illegal financial activities. It also said it does not provide banking services to Justin Sun, the TRON Foundation or Huobi, now renamed HTX. "Circle does not assist or finance Hamas (or any other illegal actor), directly or indirectly," the company said in the letter. "Circle also does not provide banking services to Justin Sun. Mr. Sun or any entity owned or controlled by Mr. Sun , including the TRON Foundation or HTX, currently does not have an account with Circle.” The letter continued: "To date, the U.S. government has not specifically designated Mr. Sun or his entities as Specially Designated Nationals. Nonetheless, Circle terminated all accounts held by Mr. Sun and his affiliates in February 2023." The TRON Foundation and HTX did not immediately respond to requests for comment. (The Block)