According to Justin Sun, XCN is allegedly involved in significant market manipulation using high leverage, posing potential risks to exchange users. He recommends that major exchanges like Coinbase and Kraken closely monitor this situation and reports that such activities will be reported to the SEC and DOJ for investigation.

According to @justinsuntron, XCN is allegedly engaging in significant market manipulation through the use of high leverage and contracts, which could potentially harm exchange users. He suggests that major exchanges such as Coinbase, Kraken, Bybit, KuCoin, and HTX Global should be vigilant about these risks, and mentions plans to report these activities to the SEC and DOJ for further investigation.