Crypto billionaire Justin Sun, reportedly the largest holder of ex-president's memecoin, has been at odds with major financial institution after his $107M stash got blacklisted. This has sparked concerns among industry insiders. The conflict with the World Liberty Financial has seen Sun seek legal action and call for reforms. Despite these hurdles,
Sun's TRON (TRX) showed promising signs, with plans to go public in the US. However, neither Sun nor the Trump family confirmed involvement.
On another front, Sun staged a $148M dinner for top investors in Trump’s crypto, raising eyebrows over ethics. Despite the controversy,
Tron's founder, also dubbed 'King of American Coins', continuously defends the merit of memecoins. In an unexpected twist, the SEC, Justin Sun, and Tron requested a pause to their ongoing fraud case for a potential resolution.
Meanwhile, there were reports that Sun's address linked to the dinner ticket was tagged as HTX’s. Sun, however, has continued proactive investment behaviors, including with TRUMP Coin and advocating for larger USDT holders to switch to Tron. Issues with
Wrapped Bitcoin (wBTC) and BiT Global sparked a lawsuit involving Sun and the exchange Coinbase. Sun further emerged as a central figure in HTX and Heco Chain exploits, promising asset safety amidst controversies. Despite retiring from Tron, Sun underlined his ongoing commitment to crypto.
SUN Coin News Analytics from Tue, 17 Jul 2018 07:00:00 GMT to Wed, 31 Dec 2025 08:00:00 GMT -
Rating -5
- Innovation -3
- Information 6
- Rumor -2
