Crypto billionaire Justin Sun: $ 18.5 million for dinner with Trump!

Crypto billionaire Justin Sun: $ 18.5 million for dinner with Trump!

Liberland, selbst ernannter Fantasiestaat - Justin Sun, a 34-year-old crypto billionaire from China, recently paid $ 18.5 million for an exclusive dinner with former US President Donald Trump. This remarkable sum not only shows Sun's wealth, but also raises questions about the mechanisms behind such expensive encounters. Sun is no stranger in the crypto world: he is the founder of Tron, a crypto network with supposedly 300 million users worldwide.

Sun was born in Qinghai in 1990 and grew up in the south of China. His father was a political reporter and his mother wrote about sports. At the age of 17, Sun showed his writer skills when he won a national writing competition. He studied history in Beijing and later obtained a master's degree in the United States. In 2012, inspired by an article about Bitcoin in the “New York Times”, he turned to the crypto world.

career and controversy

After his time as a China representative for the US crypto company Ripple, Sun 2017 founded his own project, Tron. However, the network is criticized because it is similar to Ethereum. In April 2025 he first appeared on the Forbes list of the richest people with an estimated property of $ 8.5 billion and claims that it would be realistic at over $ 40 billion, including its crypto stocks and an art collection.

A remarkable investment of Sun was the purchase of the “Comedian” artwork for $ 6.24 million, which he ate in front of the camera. His contributions to the crypto industry are also significant: in 2024 he invested over $ 80 million in Trump's crypto company World Liberty Financial (Wlfi). These companies are increasingly in the focus of regulatory exams. The US stock exchange supervision SEC had taken legal action against him in 2023, including for market manipulation.

crypto payments and regulatory challenges

In the crypto world there is increasing interest in digital assets. Analysts reported that 58 percent of all illegal crypto payments are handled via Sun's Tron system. This problem led to the establishment of a task force and medication to freeze $ 130 million. The tokenization of assets and funds could offer a way to improve price and market efficiency by achieving fast processing and reduced fees.

Sun, who was also appointed Grenada ambassador in the World Trade Organization (WTO) in 2021, lost this title in 2023, but retained his diplomatic pass. He also accepts the title "Prime Minister" of Liberland, a self -proclaimed fantasy state. Despite his challenges and controversy, Justin Sun remains a key figure in the crypto industry, the decisions and investments of which will continue to attract great attention.

The crypto world in which Sun is not only offers enormous opportunities, but also immense risks that present investors and regulators alike. Oe24 and Image report in detail about Suns Werdegang and influences in the financial world. A look at Deloitte shows how cryptocurrencies are gaining in importance.