Justin Sun is a crypto billionaire who was facing charges by the SEC until he invested $75M into Trump's crypto company and got the case dropped.
And after pouring $23M into Trump's coin, Sun will be a VIP at the president's dinner.
This is how the cycle of corruption works. pic.twitter.com/xwwY033dji
— End Citizens United (@StopBigMoney) May 22, 2025
The top holder of $TRUMP coin faced SEC charges for market manipulation, and was avoiding coming to the US for fear of arrest. Now his lawsuit is paused and he’s invited to a VIP dinner with Trump.
This guy is bribing the President in plain sight.https://t.co/eqkefqVNM1
— Steven Rattner (@SteveRattner) May 22, 2025
Crypto billionaire Justin Sun for years wouldn’t set foot in the U.S. for fear of arrest. The Chinese-born tycoon, facing scrutiny from U.S. authorities, even missed a chance to fly on Jeff Bezos’ Blue Origin rocket despite paying $28 million for the opportunity.
Now, Sun isn’t just back in America. He is in suburban Washington to attend a dinner with President Trump as a VIP guest.
After weeks of industry speculation, Sun confirmed in a social-media post Tuesday that he is the largest holder of the president’s $TRUMP memecoin. His some $23-million stash catapults him into the exclusive circle of 25 investors who were invited to a private VIP reception with Trump on Thursday. Critics say the event is among the most glaring demonstrations yet of the conflicts of interest for Trump and his family as they pursue a range of business ventures.
https://www.wsj.com/finance/currencies/justin-sun-trump-crypto-dinner-7efd5367