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Justin Sun, founder of Tone Blockchain, announced this week that he bought Donald Trump’s memoine, $ 5 million for $ Trump. Sunshine Already contains enough ownership Property Crypto Mogul also announced that the coin would soon be tradable on its blockchain.
All this is complicated that the sun still appears to be present Citizen has been submerged in fraud case The Security and Exchange Commission brought against him. In 2023, SEC started a case against San and its companies, Their markets are raising allegationsThe In February, the report indicates that the SEC is seeking a possible resolution of the case. Did not have too long after the sun Investment is $ 30 million World Liberty Financial in Trump’s other crypto projects. No updates since then.
Trone on Trump is #mag coin, ” Written at San X Wednesday. “This move highlights our faith in cooperating throughout the ecosystem to enhance the crypto landscape, “he added.
You may think that at the same time the federal legal cases that you got garbage at the same time, buying a million dollars worth of cryptocurrency is a conflict of interest – and it seems that it is not particularly shocked nowadays. The Trump administration’s tagline could make the conflict of interest again acceptable again by considering the level of suspicious behavior at the moment.
Something mysterious about why San will be so interested in Trump’s Crypto projects. CNBC notes::
$ Trump Coin has been whipped since its inauguration of January, on the first day of his business $ 15 billion in the market caps Before sliding at about $ 2 billion until July. Fulfillment $ Melania Token, already in January, has been more than 90% of its offer worth less than $ 141 million.
Sun is an interesting character, and obviously there is a lot of meaning to burning – too much. Last year, he used millions of dollars to buy an art piece that was just a banana tapped to a wall. He Subsequently ate the bananaShowing a specific creative brilliance in creating ridiculous ways of burning cash without any reason. His companies include Tron Foundation Limited, Beattorrent Foundation Limited and Rainbury Inc. (Bettorrent before).