Justin Sun unveils AI detective system to hunt crypto criminals, promises $100 million reward

The launch of the bounty program comes just weeks after Sun settled a long-running SEC lawsuit for $10 million, dismissing all claims.

Tron founder Justin Sun said his team has built an AI system that can identify suspects in crypto fraud cases.

He also said he would offer a $100 million reward to anyone who helps bring criminals to justice.

what the sun says

In a March 26 post on X, Sun claimed that his subordinates had “independently developed” an AI system that can process complex case data and quickly identify suspects.

He said the system has already analyzed criminal cases totaling more than $1 billion, and 10% of that amount, or $100 million, will be distributed as rewards to white hat contributors and law enforcement agencies involved in successful prosecutions. The website web3bounty.io has been set up to accept tip submissions.

In his announcement, Sun cited multiple individuals and companies accused of misappropriating more than $456 million in reserves related to the TrueUSD (TUSD) stablecoin, including First Digital Trust (FDT) and its CEO Vincent Chok, and Matthew William Brittain, investment manager of Aria Commodity Finance Fund (ACFF) and director and chief investment officer of DMCC.

The web3bounty website also lists more names believed to be involved in the crime, including Christian Alexander Boehnke, head of finance and operations at TrueCoin, a subsidiary of Archblock and former operator of TUSD. The group is suspected of stealing $456 million from 2021 to 2022, and an additional $109 million from 2020 to 2021, with the funds allegedly flowing through bank accounts associated with ACFF and DMCC.

First Digital Trust previously denied Sun’s fraud allegations. Sun itself has been suing FDT since at least mid-2024 for failing to return funds belonging to Tron-related entities.

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Background of TRON regulations

Earlier this month, on March 6, Sun confirmed that its long-running lawsuit with the U.S. Securities and Exchange Commission (SEC) had been resolved with a $10 million settlement, dismissing all claims and admitting no wrongdoing.

This resolution removes a layer of uncertainty regarding Tron’s leadership, as the network faces continued scrutiny over how it is used. According to the report, the annual USDT transfer volume on Tron will reach approximately $7.9 trillion in 2025, and the on-chain USDT supply will account for approximately 42% of the world’s circulating USDT. Chinese blockchain outlet BlockTempo also pointed out that Tron’s low fees make it a popular choice for fraud, gambling, and money laundering in Southeast Asia, with global illicit crypto inflows reaching a record $154 billion to $158 billion.

Additionally, the FBI’s New York field office recently warned Tron users about phishing campaigns that use fake TRC20 tokens impersonating the FBI to steal wallet credentials.

Tron’s native token, TRX, is trading at around $0.31 at the time of writing, up around 4% over the past seven days, but there was no immediate noticeable price reaction to Sun’s post.