Justin Sun last stepped into the United States, a WTO ambassador for Grenada and is in the rocky waters of former President Biden’s Crypto Crackdown.
Time has changed. Now he eats at an event hosted by President Donald Trump, the largest holder of Trump members, and celebrates regulatory breakthroughs, When the issuer is staring at the potential Tron ETFmarking a stunning reversal in the fate of cryptocurrencies.
After the presidential dinner, when protesters met and exclusively spoke with Coindesk, the Tron founder dismissed the allegation that tokens were tools of bribery. He said skeptics were short-sighted and believed that Trump’s embrace of cryptocurrencies could trigger a new era of innovation in digital assets in the United States.
“All haters need real attention,” Sun told Coindesk, describing Trump’s support for cryptocurrencies as one of the president’s best decisions. Something positive happened in the industry. ”
Sun’s relationship with Trump’s affiliates dates back to the last year’s election, when he bought up as much as $75 million in World Free Financial Tokens on multiple huge sums.
Shortly after Trump took office, his Securities and Exchange Commission (SEC) joined the cryptocurrency exchange to pause the civil fraud case against Sun. this The SEC also quit or deleted more than a dozen other casesalthough it only filed a new civil fraud lawsuit against Unicoin earlier this week. Early Thursday According to the Wall Street Journal The Justice Department, which filed criminal cases, has been investigating TRON’s founder since 2021.
Read more: Where are all SEC cases
He described the dinner as a clear sign that the United States is regaining its status as a global hub for crypto, marking a sharp reversal Biden administration’s war on industryThis has previously prompted cryptocurrency companies to consider maritime operations.
“At the Trump dinner, some supporters told me that they were considering leaving the U.S. due to the Biden administration and moving to places like Hong Kong or Singapore,” San said. “Even the consensus began to hold events outside the U.S..”
He continued: “But now they have changed their minds. It brings everyone back to America.”
Criticism of Trump’s decision to initiate the memorial was rapid and intense in mainstream media. Including attempts to connect the holder of the token to white nationalism.
Sang dismissed the criticism by highlighting all rights of critics to express their opinions under the First Amendment.
“Memes are valuable”
Although protesters met loyalists who attended Trump’s dinner, suspicion of meme coins was not limited to outsiders.
During the fireside chat during the 2025 consensus period, Dave Portnoy, founder of Barstool Sports, described Meme Coins as “gambling” and questioned their longevity.
“I see why people like it,” Portnoy said. “It’s a form of gambling, it’s a Ponzi scheme. I don’t mean negative.”
The sun disagrees. Instead of treating meme coins as gambling or Ponzi schemes, he positioned them as a legal segment of the digital asset market.
Sun points out tokens like Doge and Shib, which are examples of success stories that have helped use Crypto. He stressed that Tren’s goal is to support “every piece in cryptocurrency to grow and become mainstream”.
“I totally think Memecoins are good,” Sun told Coindesk. “It’s like doing business. Some are successful, some are zero. It’s entrepreneurial.”
Updated (May 23, 06:15 UTC): Added details of Sun’s previous investigation and other background.
