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Cryptoz Cryptoz @cryptoz · 297K subscribers
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☹️ A outcast crypto billionaire bought the way to Donald Trump for memecoins (Bloomberg)

We are talking about Justin San:
(Main theses from the article)

◽️The crypto oligarch has not appeared in the United States for years because of the SEC’s fraud lawsuit.

◽️I came back only for dinner with Donald Trump - after buying his memecoin #TRUMP for $90,000,000.

◽️The Tron (#TRX) blockchain under its control drives $600,000,000,000 per month (4 times more than PayPal), but the UN and TRM Labs call the network the main tool for laundering and financing terrorists.

◽️San became a key investor of the Trump family company World Liberty Financial (#WLFI) - in total he invested more than $75,000,000, and eventually raised $550,000,000 in WLFI.

◽️After his investments, the SEC suddenly froze the case against him.

◽️In early September, WLFI blocked San’s tokens.

◽️According to Bloomberg Billionaires Index, Justin Sun controls 64% of the total supply of TRX (60b tokens). The billionaire filed a lawsuit demanding to ban the publication, but lost.

@Сryptoz ₿
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