Justin – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Fri, 15 Aug 2025 05:25:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Justin – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Justin Sun Fights Bloomberg’s Plan to Expose His Crypto Fortune https://earlybirdsinvest.com/justin-sun-fights-bloombergs-plan-to-expose-his-crypto-fortune/ https://earlybirdsinvest.com/justin-sun-fights-bloombergs-plan-to-expose-his-crypto-fortune/#respond Fri, 15 Aug 2025 05:25:39 +0000 https://earlybirdsinvest.com/justin-sun-fights-bloombergs-plan-to-expose-his-crypto-fortune/

Bloomberg is facing legal action from TRON
TRX


$0.3575

founder Justin Sun, who has filed a lawsuit to prevent the publication of detailed information about his cryptocurrency assets.

Sun claimed that the data was given strictly for the purpose of confirming his wealth during talks about adding him to Bloomberg’s Billionaires Index and that it was shared under a promise of confidentiality.

Filed on August 11 in a Delaware federal court, the lawsuit seeks immediate and permanent blocks against the release of his crypto asset breakdown. Sun argued that publishing such specifics could pose serious security threats.

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The lawsuit stated that making his exact holdings public could allow attackers to identify and track his wallets.

The filing outlines how Bloomberg approached Sun in February 2025. According to the complaint, journalist Muyao Shen reached out to include Sun in the Billionaires Index, which ranks the 500 richest individuals globally.

Although Sun was cautious about sharing his financial details due to the nature of digital assets, he eventually agreed after being assured the information would not be made public. His team reportedly emphasized multiple times that the data was private and intended for internal use only.

One of the lawsuit’s concerns is the possibility of “address clustering”, a method used to match public blockchain transactions to individuals. The filing warned that if Bloomberg reveals the specific amounts Sun holds, it could make it easier for others to trace his wallets and possibly target him.

Meanwhile, Sun recently completed Blue Origin’s NS-34 spaceflight after securing his seat in 2021 with a $28 million bid. What did he say about the spaceflight? Read the full story.


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Justin Sun Makes History as Youngest Chinese Commercial Astronaut with Blue Origin’s NS-34 Spaceflight https://earlybirdsinvest.com/justin-sun-makes-history-as-youngest-chinese-commercial-astronaut-with-blue-origins-ns-34-spaceflight/ https://earlybirdsinvest.com/justin-sun-makes-history-as-youngest-chinese-commercial-astronaut-with-blue-origins-ns-34-spaceflight/#respond Mon, 04 Aug 2025 02:55:57 +0000 https://earlybirdsinvest.com/justin-sun-makes-history-as-youngest-chinese-commercial-astronaut-with-blue-origins-ns-34-spaceflight/

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Geneva, Switzerland – August 3, 2025 –  Justin Sun, founder of TRON, successfully completed a historic journey to space aboard Blue Origin’s 14th human spaceflight and the 34th flight for the New Shepard program. With the successful completion of this mission, Sun becomes the youngest Chinese-born commercial astronaut and the first entrepreneur from the cryptocurrency industry featured on the cover of Forbes to reach space.

“For this mission we waited four years, but we finally delivered. I really appreciate Mr. Bezos and his team for making this possible. And thank you dad and mom for bringing me into earth,” said Sun upon his return. “When I look from space, the earth is so small and it’s our home. We need to do whatever we can do to protect it.”

In 2021, Sun placed the winning bid for the first seat on New Shepard. The $28 million in proceeds were donated to Blue Origin’s foundation, Club for the Future, which selected 19 space-focused non-profits to each receive a $1 million grant to inspire future generations to pursue careers in STEAM (science, technology, engineering, arts, and math) for the benefit of Earth and help invent the future of life in space. 

Sun carried 1,000 personal wishes from the global TRON community aboard the flight, a symbolic gesture representing the TRON ecosystem’s first presence beyond Earth’s atmosphere. This moment served as a tribute to the entire crypto industry including the builders, users, and supporters who have helped advance the Web3 mission of decentralization and innovation around the world.

Sun’s successful spaceflight represents far more than an individual achievement, it represents a growing intersection between commercial space exploration and emerging technologies like blockchain. As a pioneer in digital finance and decentralized systems, Sun’s milestone shows how bold leadership can drive both technological progress and human discovery. His historic journey not only places TRON at the forefront of innovation but also inspires a new generation to imagine what’s possible when technology, vision, and ambition reach beyond Earth.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $82 billion. As of August 2025, the TRON blockchain has recorded over 323 million in total user accounts, more than 11 billion in total transactions, and over $26 billion in total value locked (TVL), based on TRONSCAN.

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

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[email protected]

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Quantum Threat? Justin Drake Introduces "Lean Ethereum" Proposal https://earlybirdsinvest.com/quantum-threat-justin-drake-introduces-lean-ethereum-proposal/ https://earlybirdsinvest.com/quantum-threat-justin-drake-introduces-lean-ethereum-proposal/#respond Sun, 03 Aug 2025 01:10:19 +0000 https://earlybirdsinvest.com/quantum-threat-justin-drake-introduces-lean-ethereum-proposal/

Justin Drake, a researcher at the Ethereum Foundation, has introduced a proposal called “Lean Ethereum”.

The goal is to prepare Ethereum
ETH


$3,390.97

for a future where quantum computers could pose a threat, while also making the network simpler and easier to manage.

One of the main ideas is to use a virtual machine powered by zero-knowledge proofs. These proofs allow people to confirm that certain data is correct without showing the data itself.

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In Ethereum’s case, this would help secure smart contract operations without revealing sensitive details. This method is also designed to protect against future quantum-based attacks.

To reduce the storage needed on the blockchain, Drake suggests using data availability sampling. This process checks small, random sections of a block rather than the full block. If the samples are correct, the whole block is assumed to be valid.

This makes it faster and cheaper for nodes to verify blocks, which can help more users run their own nodes without needing large amounts of storage.

For the consensus part of the network, Drake proposes switching to a RISC-V framework, a basic set of instructions used by computers.

Because it is simpler than other systems, it is easier to check for errors or hidden security issues. It could also make Ethereum’s core code easier to maintain and understand.

Core developers at Ethereum recently announced plans to release a new network upgrade called Fusaka. What does the upgrade include? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Justin Drake reveals 10-year ‘Lean Ethereum’ roadmap to achieve 10k TPS on mainnet https://earlybirdsinvest.com/justin-drake-reveals-10-year-lean-ethereum-roadmap-to-achieve-10k-tps-on-mainnet/ https://earlybirdsinvest.com/justin-drake-reveals-10-year-lean-ethereum-roadmap-to-achieve-10k-tps-on-mainnet/#respond Thu, 31 Jul 2025 20:29:27 +0000 https://earlybirdsinvest.com/justin-drake-reveals-10-year-lean-ethereum-roadmap-to-achieve-10k-tps-on-mainnet/

Ethereum researcher Justin Drake unveiled the “Lean Ethereum” proposal on July 31 that reframes the base layer around the imperatives of survivability against nation-state and quantum threats and orders-of-magnitude performance gains without sacrificing decentralization.

The new guidelines were dubbed “fort mode” and “beast mode,” respectively.

Published on the Ethereum Foundation blog, the vision argued that the network can simultaneously harden security and radically scale by anchoring the mainnet in hash-based cryptography and restructuring all three protocol sublayers, which are consensus, data, and execution.

Ethereum co-founder Vitalik Buterin and Drake recently addressed the concept during an ETH-focused event in Berlin.

Fort mode and beast mode

Drake’s security thesis highlights that Ethereum must run for decades, even centuries, under adversarial conditions. 

According to the roadmap, “if the internet is up, Ethereum is up” is the goal. On performance, Lean Ethereum targets roughly 10,000 transactions per second (TPS) on mainnet via aggressive vertical scaling and approximately 1 million TPS on layer-2 (L2) blockchains via expansive horizontal scaling. 

He added that enabling “moon-math” is no longer aspirational, suggesting real-time zero-knowledge virtual machines (zkVMs) for execution and data availability sampling (DAS) for data throughput. 

A complementary usability aim is full-chain verification on consumer devices, such as browsers, phones, and wallets.

Three “lean” sublayers

Lean Ethereum proposes coordinated upgrades across three different layers. The first is “Lean consensus,” or Beacon Chain 2.0, focused on hardening the Beacon Chain for maximum security and decentralization, with near-instant finality measured in seconds.

Lean data (Blobs 2.0) is the second layer. The goal is to enable post-quantum “blobs” with granular sizing to preserve a calldata-like developer experience while boosting throughput.

Lastly, Lean execution (EVM 2.0) consists of a minimal, SNARK-friendly instruction set that preserves EVM compatibility and network effects but accelerates proving and verification.

Together, these changes aim to deliver “performance abundance” under non-negotiable continuity and simplicity constraints.

Hash-based crypto as the standard fabric

Lean Ethereum treats the hash function as the fundamental primitive across layers. Aggregate signatures in consensus supplanting Boneh-Lynn-Shacham (BLS), hash-based commitments replacing Kate, Zaverucha, and Goldberg (KZG) in the data layer, and hash-centric zkVMs streamlining execution verification. 

The approach is designed to simultaneously future-proof against quantum adversaries while harmonizing with the rapid rise of SNARKs across the stack.

Drake said that Lean Ethereum is as much an engineering aesthetic as a roadmap. The concept is based on minimal modules, encapsulated complexity, formal verification, and provable security and optimality. 

The emphasis on “lean craft” seeks to prune legacy complexity while standardizing on primitives that are easier to reason and verify.

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Tron’s Justin Sun to Fly on Blue Origin’s Next Crewed Mission https://earlybirdsinvest.com/trons-justin-sun-to-fly-on-blue-origins-next-crewed-mission/ https://earlybirdsinvest.com/trons-justin-sun-to-fly-on-blue-origins-next-crewed-mission/#respond Wed, 23 Jul 2025 03:52:03 +0000 https://earlybirdsinvest.com/trons-justin-sun-to-fly-on-blue-origins-next-crewed-mission/

Tron founder Justin Sun will join the next Blue Origin crewed flight, the company announced Tuesday. He is the latest high-profile figure to board Jeff Bezos’ New Shepard rocket.

Sun won the first New Shepard seat in a 2021 auction with a $28 million bid that funded 19 space-focused charities, but couldn’t attend the July 2021 flight due to a scheduling conflict.

He will fly alongside real estate investor Arvi Bahal, Turkish businessman Gökhan Erdem, Puerto Rican meteorologist Deborah Martorell, UK-born nonprofit founder Lionel Pitchford, and venture capitalist J.D. Russell on the NS-34 mission.

Another Billionaire Heads to Space

In its official press release, Blue Origin revealed that this will be the 14th human flight for its New Shepard program and the 34th in its overall flight history, with the launch date to be announced.

The mission will add six more individuals to the 70 people Blue Origin has flown past the Kármán line, the internationally recognized boundary of space.

Sun was featured on Forbes’ April 2025 cover as one of crypto’s most outspoken figures. He joins a growing roster of entrepreneurs, philanthropists, and celebrities who have flown with Blue Origin, which has included William Shatner, Michael Strahan, Katy Perry, and Gayle King in previous missions.

From Sculpture Disputes to Eating a $5M Banana

Earlier this year, Sun filed a lawsuit against music mogul David Geffen in Manhattan federal court to reclaim or receive up to $80 million in damages for an Alberto Giacometti sculpture he claims was stolen and sold without his consent.

The Tron founder alleged that a former aide, Xiong Zihan Sydney, forged documents and used a fake lawyer to execute the sale of the Le Nez sculpture, and swapped it for Geffen’s art and cash worth around $65.5 million. Geffen’s legal team, however, called the lawsuit “bizarre and baseless,” while rejecting Sun’s claims and denying any wrongdoing in the dispute.

Last November, Sun bought one of three limited edition rights to Maurizio Cattelan’s Comedian – the 2019 artwork showing a banana duct-taped to a wall at a New York auction for $5.2 million. Not long after the purchase, he publicly ate the banana on stage.

He also pledged to buy 100,000 bananas from the New York street vendor who had initially provided the fruit for the artwork.

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TRX Price Analysis: Justin Santron stands strong in the top 10 https://earlybirdsinvest.com/trx-price-analysis-justin-santron-stands-strong-in-the-top-10/ https://earlybirdsinvest.com/trx-price-analysis-justin-santron-stands-strong-in-the-top-10/#respond Sun, 06 Jul 2025 01:06:11 +0000 https://earlybirdsinvest.com/trx-price-analysis-justin-santron-stands-strong-in-the-top-10/

Crypto is currently one of the most competitive niches in the world. And to be on the code, you need to be the guy who takes the ball. Justin Sun is this guy. Not only does he have the ball, he is a billionaire and creator of one of the biggest crypto projects TRX ▲0.09%. It’s time to see TRX price analysis and Justin’s adventurous life.

With a market capitalization of $26.8 billion, Tron sits at number eight on the Coingecko chart. The casual volume of $470 million over the past 24 hours, and the coin priced at the time of writing was $0.2832. This is not something that everyone can build.

TRX Price Analysis and What to Expect

Looking at the TRX weekly timeframe chart, you can’t see it. It is one constant grind, like the stairs to heaven and the financial freedom.

(trxusdt))

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Jump to a smaller time frame every day and you’ll see a well-structured chart. First, there is a big spike in the $0.44 price mark and soon returns to the integrated channel with the $0.22 to $0.26 mark.

In Volume Profiles, you can see that this integration is very strong from a volume perspective and will serve as a support for the future. I feel that’s not necessary though.

The prices are currently very strong, consolidated in new parallel channels between $0.26 and $0.29.

(trxusdt))

Many people are fighting Justin and his project, TRX, but there is no indication that either of them is performing badly. Will this allow Tron to become a top five project or replace Ethereum with #2 with future capitalization?

Justin Sun is well known outside of the crypto world. He is on the cover of Forbes and calls him “Crypto’s billionaire Barker.”

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But that doesn’t stop him from getting fussy. His latest luxury “banana art” movement has shocked most of the world.

At a New York auction, San bought comedian Maurizio Catterran framed banana duct on the wall for $5.2 million ($6.2 million including fees). He then drew dramatic bananas on stage, making people adore.

And don’t forget that Justin Sun is worth a whopping $8.5 billion.

Bitcoin: The No. 1 code that created a billionaire

You cannot say the word “crypto” without saying the word “bitcoin.” BTC was the backbone of all crypto enthusiasts, even Justin San. Everyone has BTC at some point or interacts with it in some way.

That’s why it’s important to support #1 Crypto Coin and try to evolve it in every way. This is what Bitcoin Hyper is doing now. This is a new project that will lead the new Crypto Tech to the biggest and strongest Crypto Coin.

In a sense, wrapping BTC creates the same amount of new BTC as new BTC that can be used in a variety of new ways, such as Defi, Staking, or distributed exchange.

Increase your trading speed to another level and reduce your fees without compromising security. Periodically, the L2 state is checked at Layer 1 of Bitcoin to maintain synchronization.

You can also unlock those coins anytime and get Bitcoin on the BTC chain.

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Bitcoin Hyper is powered by the native token $Hyper and is currently on pre-selling for $0.01215 per dollar. Plus, you can wager your coins for extra rewards for amazing things 403% apy.

Overall, having the first layer 2 on Bitcoin is a big deal, and most definitely makes a fuss through the crypto universe.

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    Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal https://earlybirdsinvest.com/aaves-usdt-liquidity-takes-a-hit-after-justin-sun-linked-htxs-570-million-withdrawal/ https://earlybirdsinvest.com/aaves-usdt-liquidity-takes-a-hit-after-justin-sun-linked-htxs-570-million-withdrawal/#respond Thu, 05 Jun 2025 13:10:59 +0000 https://earlybirdsinvest.com/aaves-usdt-liquidity-takes-a-hit-after-justin-sun-linked-htxs-570-million-withdrawal/

    Aave, the largest decentralized lending protocol, has experienced a sharp drop in USDT liquidity to under $100 million following a massive withdrawal by a wallet linked to HTX, a crypto exchange connected to Justin Sun.

    According to on-chain analyst EmberCN, the wallet removed $570 million USDT from Aave’s lending pool within three hours, slashing the available borrowable USDT liquidity to $91.95 million.

    EmberCN noted that the sudden exit caused immediate market shifts.

    The analyst pointed out that USDT interest rates on Aave spiked sharply, with deposit rates jumping from 3.8% to 29%, and borrowing rates climbing from 4.4% to 33.6%.

    EmberCN added that these elevated rates often attract yield-seeking depositors and encourage borrowers to repay, potentially stabilizing the liquidity imbalance.

    On the other hand, Sentora (formerly IntoTheBlock), a blockchain analytics firm, estimated that the withdrawal was around $400 million and noted that it accounted for 93% of the available USDT in that pool.

    Aave Liquidity
    Aave’s Available Liquidity as of Press Time (Source: Sentora)

    According to the firm, this has resulted in high utilization, effectively trapping other large depositors who can not exit without incurring slippage or unfavorable rates.

    Meanwhile, Marc Zeller, founder of the Aavechan Initiative, downplayed community concerns in a statement to CryptoSlate, describing the situation as a “Small liquidity crush” affecting Aave v3’s USDT market.

    He expressed confidence that the issue would resolve quickly as new capital flows into capitalize on the elevated yields. He stated:

    “It’s just Justin Sun apeing around. Not the first time. We have large LP that will deposit situation back to normal in a few hours.”

    AAVE price dips

    The move has weighed on AAVE’s price, which dropped over 4% to $261.32 at the time of reporting, according to data from CryptoSlate. The dip marks a shift after the token posted a 60% gain over the past month.

    Still, Aave remains the dominant protocol in the DeFi lending space. Data from DeFiLlama shows that the platform has more than $40 billion in total value locked (TVL), with active loans reaching $16.5 billion.

    Aave
    Aave’s TVL (Source: DeFiLlama)

    Aave’s continued relevance is highlighted by its continued institutional adoption. Recently, the Ethereum Foundation borrowed $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral via the Aave protocol, highlighting confidence in its infrastructure even during short-term liquidity stress.

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    Justin Sun Takes Center Stage at Bitcoin Vegas 2025 with TRON DAO as Top Sponsor of Code + Country and Co-Host of Kraken’s Oceanic Night https://earlybirdsinvest.com/justin-sun-takes-center-stage-at-bitcoin-vegas-2025-with-tron-dao-as-top-sponsor-of-code-country-and-co-host-of-krakens-oceanic-night/ https://earlybirdsinvest.com/justin-sun-takes-center-stage-at-bitcoin-vegas-2025-with-tron-dao-as-top-sponsor-of-code-country-and-co-host-of-krakens-oceanic-night/#respond Tue, 03 Jun 2025 05:06:26 +0000 https://earlybirdsinvest.com/justin-sun-takes-center-stage-at-bitcoin-vegas-2025-with-tron-dao-as-top-sponsor-of-code-country-and-co-host-of-krakens-oceanic-night/

    Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›

    Geneva, Switzerland, June 2, 2025 TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May 27-29 in Las Vegas.

    TRON DAO kicked off the week as a top tier sponsor for Code + Country’s America 250 VIP Reception on May 27 at AYU Dayclub. This exclusive VIP experience hosted key political figures and leading voices in Bitcoin, AI, energy and technology, creating unparalleled opportunities for high-impact networking. Over 800 guests were in attendance, positioning TRON at the center of conversations shaping America’s technological future.

    Highlighting day one of the conference, Justin Sun, Founder of TRON and Advisor of WBTC, participated in the high-profile panel “Building The Future Financial Products of America” on the Nakamoto Stage. Hunter Horsley (CEO, Bitwise Asset Management) and Mike Belshe (CEO, BitGo) also joined Sun as speakers. Hosted by Kevin Kelly (CEO, Kelly Intelligence), the panel explored how blockchain technology and digital assets are reshaping traditional financial products for investors and institutions in the United States. 

    “We are going to see a lot more products that blend blockchain with traditional finance,” said Sun, “Kraken’s plan to offer tokenized versions of U.S. stocks and ETFs is a perfect example. This kind of blockchain integration across finance feels inevitable.”    

    On May 28, Sun also made an appearance at the ‘Whales & Insiders: BTCFi and New Yield Opportunities’ event hosted by MetaEra for a keynote session titled “TRON as the Global Settlement Layer.” Sharing the stage with top minds to drive conversations to frontier Bitcoin DeFi innovations. Thereafter, TRON DAO concluded day two as co-host of Kraken’s Oceanic Night Party, welcoming over 500 attendees including key ecosystem collaborators and visionaries from across the crypto industry.

    TRON DAO concluded the week by connecting with a prominent industry voice as Sun joined Ross Ulbricht and his family at the table for Ulbricht’s Welcome Back Luncheon, showing support to the Bitcoin community.

    TRON’s commanding presence at Bitcoin Vegas 2025 coincides with a period of remarkable growth for the network. Having recently surpassed the significant milestone of $77.7 billion in circulating supply of Tether (USDT), TRON has established itself as the leading blockchain for Tether globally. This reinforces TRON’s position as a dominant force in the greater blockchain and digital asset landscape.

    About TRON DAO

    TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

    Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $77.7 billion. As of May 2025, the TRON blockchain has recorded over 309 million in total user accounts, more than 10 billion in total transactions, and over $23.5 billion in total value locked (TVL), based on TRONSCAN.

    TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

    Media Contact
    Yeweon Park
    [email protected]

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    Justin Sunlink Wallet leads access to Trump dinners tagged as belonging to HTX https://earlybirdsinvest.com/justin-sunlink-wallet-leads-access-to-trump-dinners-tagged-as-belonging-to-htx/ https://earlybirdsinvest.com/justin-sunlink-wallet-leads-access-to-trump-dinners-tagged-as-belonging-to-htx/#respond Thu, 22 May 2025 17:11:01 +0000 https://earlybirdsinvest.com/justin-sunlink-wallet-leads-access-to-trump-dinners-tagged-as-belonging-to-htx/

    Solana’s wallet is believed to have made Justin Sun the top holder for Trump Memecoin and Trump Memecoin’s top holder for a VIP reception with US President Donald Trump later Thursday.

    Several blockchain explorers, including Arkham Intelligence and Solanafm, tagged wallets belonging to the Cryptocurrency Exchange, which recognized Sun as the leader of a 2023 blog post.

    According to on-chain data, the address currently holds approximately $23.3 million worth of playing cards tokens, which will appear at the top of the event’s leaderboard. This is posted on the website Trump posted on his X account. The wallet is tagged with the “Sun.”

    Sun, founder of Tron Blockchain, said on social media that he is the top holder of the sweepstakes. The sweepstakes reward large card token holders with access to events held at Trump-owned golf clubs near Washington, DC

    HTX, formerly known as Huobi, was acquired in October 2022 by About Capital, a Hong Kong investment company. Sun denied that he was involved in the acquisition in an interview with Coindesk TV at the time. However, he joined the exchange as a member of the Global Advisory Committee. Huobi later identified Sun as the leader of the blog post.

    In 2023, the platform was rebranded to HTX, a nod to HTX, Huobi, Tron and “Exchange.” At the time, the exchange pointed out “all the commitments of Tron.”

    Sun’s connection to the Trump-related ecosystem also includes a $75 million investment in World Liberty Financial Tokens, a decentralized financial initiative supported by the president’s family.

    The Chinese-born crypto billionaire was sued by the US Securities and Exchange Commission (SEC) under the Biden administration. Regulators alleged he was paying celebrities to “manipulate the market” of tokens tied to the venture and “advertise” those tokens.

    The lawsuit is pending under the Trump administration’s SEC leadership as parties attempted to find a “potential resolution.” Under the current administration, regulators have dismissed several lawsuits and investigations against crypto companies such as Coinbase, Kraken and Uniswap.

    Donald Trump’s Memecoin began earlier this year just days before the inauguration ceremony. It has received criticism between the crypto industry and lawmakers for the timing of the launch and the Trump-related allocation to insiders.

    Trump is $14.64 at the time of writing transaction, an 11% increase over the past 24 hours.

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    Billionaire Justin Sun To Attend Crypto Dinner With President, Says He Is ‘Top Holder’ of Trump’s Memecoin https://earlybirdsinvest.com/billionaire-justin-sun-to-attend-crypto-dinner-with-president-says-he-is-top-holder-of-trumps-memecoin/ https://earlybirdsinvest.com/billionaire-justin-sun-to-attend-crypto-dinner-with-president-says-he-is-top-holder-of-trumps-memecoin/#respond Wed, 21 May 2025 19:03:27 +0000 https://earlybirdsinvest.com/billionaire-justin-sun-to-attend-crypto-dinner-with-president-says-he-is-top-holder-of-trumps-memecoin/

    Billionaire Tron (TRX) founder Justin Sun is going to attend an exclusive crypto dinner with Donald Trump after claiming he’s the top holder of the President’s memecoin.

    In a new thread on the social media platform X, Sun says he’s excited to join Trump for this special dinner, an event he announced last month for the top 220 holders of Official Trump (TRUMP).

    “Honored to support POTUS and grateful for the invitation from GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan! As the top holder of TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.”

    The Official Trump website lists a user named ‘Sun’ as the largest holder of TRUMP, coming in at 1.4 million tokens worth about $20 million.

    News of Sun’s attendance drew a response from Democrat Senator Elizabeth Warren of Massachusetts, who notes that Sun – an investor in Trump’s decentralized finance (DeFi) project World Liberty Financial (WLFI) – being present at the dinner is allegedly “convenient.”

    As reportedly stated by Warren,

    “How convenient: the day after the Senate advances the GENIUS Act, Justin Sun – a major investor in the Trump family crypto venture – announces he’s getting a private dinner as the President’s top crypto buyer.”

    TRUMP is trading for $14.61 at time of writing, a 10.7% raise during the last 24 hours.

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