- Joined
- Jul 19, 2011
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You don't mess with Trump over money ...he can compromise on anything but his money.
https://www.nytimes.com/2025/09/05/business/trump-crypto-justin-sun.html
Hardly anyone has been a bigger supporter of President Trump’s cryptocurrency firm than Justin Sun, the Chinese-born crypto billionaire.
Mr. Sun bought $75 million of the firm’s signature cryptocurrency. He joined Eric Trump onstage at a crypto event in Dubai, and he embraced the U.S. crypto market after the Securities and Exchange Commission paused a fraud lawsuit against him.
But this week that relationship appeared to be fraying.
Late Thursday, Mr. Sun hit out at the company, World Liberty Financial, posting on X that his stash of coins had been “unreasonably frozen” after analyst speculation that Mr. Sun was moving to sell them.
“Unlock my tokens, and let’s move forward together,” Mr. Sun wrote.
The episode added to a swirl of concerns over World Liberty. The company has profited from the crypto industry at the same time that the Trump administration rewrites crypto regulations, a blatant conflict of interest. And even as the company has preached financial freedom, it has engaged in practices that have alarmed some crypto entrepreneurs.
The dust-up with Mr. Sun came at the end of a high-stakes week for World Liberty. On Monday, the firm allowed thousands of early investors to begin selling its cryptocurrency, $WLFI, on the open market, with disappointing results as the price crashed about 50 percent.
https://www.nytimes.com/2025/09/05/business/trump-crypto-justin-sun.html
Hardly anyone has been a bigger supporter of President Trump’s cryptocurrency firm than Justin Sun, the Chinese-born crypto billionaire.
Mr. Sun bought $75 million of the firm’s signature cryptocurrency. He joined Eric Trump onstage at a crypto event in Dubai, and he embraced the U.S. crypto market after the Securities and Exchange Commission paused a fraud lawsuit against him.
But this week that relationship appeared to be fraying.
Late Thursday, Mr. Sun hit out at the company, World Liberty Financial, posting on X that his stash of coins had been “unreasonably frozen” after analyst speculation that Mr. Sun was moving to sell them.
“Unlock my tokens, and let’s move forward together,” Mr. Sun wrote.
The episode added to a swirl of concerns over World Liberty. The company has profited from the crypto industry at the same time that the Trump administration rewrites crypto regulations, a blatant conflict of interest. And even as the company has preached financial freedom, it has engaged in practices that have alarmed some crypto entrepreneurs.
The dust-up with Mr. Sun came at the end of a high-stakes week for World Liberty. On Monday, the firm allowed thousands of early investors to begin selling its cryptocurrency, $WLFI, on the open market, with disappointing results as the price crashed about 50 percent.
