It is suddenly reported by some important crypto analysts and in the news that Justin Sun has been arrested in Hong Kong, but there is no reliable source of this information.
Number 4
Justin Sun tweeted the number 4, indicating that he was not arrested. In the same process, Binance CEO CZ also tweeted number 4, describing Justin's arrest as "FUD" (fear, uncertainty, doubt) and warning to block those promoting it. A few days ago, CZ refused to buy a stake in Huobi from Jistin; now both seem to be on the same page.
Number 4 was CZ's rule, which states that FUD promoters will be unfollowed/ blocked.
Crypto Bitlord, who started this rumour, later apologised, of course, after losing CZ as a follower.
Effect Possibility
Justin Sun is the founder and CEO of the Tron blockchain and also has influence on the Huobi exchange. If any negative news comes, it will affect them too.
Divided Date
People are divided on this matter; some believe that Justin Sun should indeed be arrested, while others believe that this rumour is created to crash the market. On the contrary, some believe that Justin Sun's arrest will not have any negative effect on the market.