Tron founder Justin Sun has been accused of a "governance attack" on Compound's landing protocol. Analysts at GFX Labs claim that he tried to use a loan in COMP to promote a proposal to integrate the TUSD stablecoin as a collateral asset.
Sun's address borrowed 99,000 COMP ($13.67 million) on Feb. 3 and subsequently sent 102,000 COMP to the Binance exchange, according to on-chain statistics.
On Friday, the account that received $9 million in COMP tokens from Binance volunteered to add TUSD to the Compound platform as a collateral asset.
Sun does not control the address that made the proposal, according to GFX Labs. However, an analyst with the moniker PaperImperium told CoinDesk that the situation is reminiscent of a similar vote that took place in the MakerDAO system in January.
#Crypto #Defi #Tron #Blockchain
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