Key Takeaways:
- Justin Sun confirmed he owns the top wallet in Trump’s TRUMP memecoin, worth ~$19M, securing a spot at Trump’s exclusive gala dinner.
- Sun’s deep ties to Trump-affiliated crypto ventures, including $75M in investments via World Liberty Financial, draw political scrutiny.
- Lawmakers, including Sen. Warren, criticize Sun’s involvement and SEC case pause, citing gaps in crypto regulation.
Tron founder Justin Sun has confirmed he owns the largest wallet holding Donald Trump’s TRUMP memecoin, worth around $19 million.
This revelation grants him access to an exclusive May 22 dinner with President Trump at a private golf club near Washington, D.C., a reward for being one of the top 220 token holders.
Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!
— H.E. Justin Sun 🍌 (@justinsuntron) May 20, 2025
As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry. 🇺🇸 https://t.co/FYb39LTwDz
Despite the leaderboard being finalized on May 12, Sun only disclosed his involvement on May 19, raising questions about the delay.
His ties to Trump-related crypto ventures run deep—Sun has reportedly spent $75 million via World Liberty Financial, a firm backed by Trump’s sons, and now serves as an adviser to the company.
Previously, Sun faced SEC scrutiny over unregistered securities, but the case was paused in February 2025 after Trump appointed Mark Uyeda as acting SEC chair, prompting concerns from lawmakers.
Rep. Glenn Ivey questioned the timing, while Sen. Elizabeth Warren criticized the GENIUS Act, warning it enables crypto-linked corruption.
The dinner has also drawn attention for its guest list, which includes major crypto figures like Kain Warwick and representatives from Kronos Research, Hyperithm, and MemeCore.
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Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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