“TRON’S SUN SEES The President Fueling a New American Crypto Boom.”, – WRITE: www.coindesk.com
Times have changed. Now, He’s Dining at An Event Hosted by President Donald Trump for the Largest Holders of His Trump Memecoin and Celebringing A Regulatory BreakthROUGH, AS Issuers Eye Aye Aye Aye. Crypto’s American Fortunes.
Speaking Exclusivly with Coindesk After the Presidential Dinner, WHICH WAS MET by PRESTORS, The TRON Founder Dismissed Allegations that the Token Is A VEHICLE FOR BRIBERY. He Called Skeptics Short-Sighted, Arguing Trump’s Embrace of Crypto Could Spark A New Era of Digital Asset Innovation in America.
“All The Haters Need to Really Pay Attraction,” Sun Told Coindesk, Descripting Trump’s Support for Crypto As One of the President’s Best Decisions.
Sun’s Relationship with Trump’s Affilied Crypto Ventures Stretches Back to Just After Last Year’s Election, WHEN HE BOUGHT UP TO $ 75 Million Worl of Worl Liberty Finance.
Shortly After Trump Took Office, His Securities and Exchange Commission (Sec) Paused a Civil Fraud Case Against Sun, Alongside Crypto Exchange Binance; The Sec Also withdrew from or Droped A dozen of the Cases, Thought it Just Filed a Fresh Civil Fraud Lawsuit Against Unicoin Earlier this Week. And Earlier on Thursday, The Wall Street Journal Reported that Department of Justice, Who Pursues Criminal Cases, Had Been Investigating The Funder Since 2021.
Read More: WHERE All The Sec Cases Are
Justin Sun at the $ Trump Memecoin Dinner (Tron)
He described the Dinner as a Clear Sign The Us Regling ITS STATUS as the Crypto’s Global Hub, Marking A Sharp Reversal From The Biden Administration’s War on the Industry, Which Had Prev to consider offshore moves.
“At the Trump Dinner, Some Suppons Told Me They Were Thinking of Leaving the Us Because of the Biden Administration, Moving to Places Like Hong Kong or Singapore,” Sun Said. “Even Consensus Started Holding Events Outside of the United States.”
“But now’ve Changed their Minds. It Brings everybody Back Into the Us,” He Continued.
Criticism of Trump’s Decision to Launch a memecoin has come com, from Mainstream Media, Including Attempts to Link Holders of the Tokon to White Nationalism.
Sun Dismissed This Criticism by Emphasizing that Critics have every right to express their Views Under the FIRST AMEANENT.
‘MEMECOINS HAVE MERIT’While Protesters Met the Memoein Faithful Who Atted the Trump Dinner, Skepticism About Meme Coins isn’s Limited To Outsiders.
AT A FIRESIDE CHAT DURING Consensus 2025, Barstoool Sports Founder Dave Portnoy Described Meme Coins as Essentally “Gambling,” Questioning Their Longevity.
“I Get Wy People Like It,” Portnoy Said. “IT’s A FORM OF GAMBLING, IS A PONZI SCHEME. I DON’T MEAN THAT IN A NEGATIVE WAY.”
Sun Disagrees. Racher than Viewing Meme Coins as Gambling or Ponzi Schemes, HE Positions Them As Legitimate Segments of Digital Asset Markets.
Sun Pointed to Tokens Like Doge and SHIB As EXAMPLES OF SUCCESS SERIES THAT HAVE HELPED ONBOARD USERS INTO Crypto. He Emphasized that Tron’s Goal Is To Support “Every Single Piece in Crypto to Grow and Become Mainstream.”
“I Totally Think Memecoins Have Merit,” Sun Told Coindesk. “It’s Just Like Doing Business. Some Succeed, Some Go to Zero. That’s Entrepreneurship.”
Update (May 23: 06:15 UTC): Adds Details on Sun’s Previous Investigations and Addrational Background.
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