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$BANANA Незнаю почему тишина по поводу данного проекта и его спекулятивного роста сейчас
Буквально вчера я зашёл при 37.8$
А уже сегодня цена выросла до 38.75
Забрал свои 400$ и продолжил торги
Оставил 100$ при покупке 38.7$ в надежде на дальнейший рост
Поставил два ордера на 38.4$ и 38.5$ на случай отката
По последним прогнозам цена вырастит до 40$ в ближайшего времени.
Думаю ещё есть возможность войти при цене 38.6$
#banana
Буквально вчера я зашёл при 37.8$
А уже сегодня цена выросла до 38.75
Забрал свои 400$ и продолжил торги
Оставил 100$ при покупке 38.7$ в надежде на дальнейший рост
Поставил два ордера на 38.4$ и 38.5$ на случай отката
По последним прогнозам цена вырастит до 40$ в ближайшего времени.
Думаю ещё есть возможность войти при цене 38.6$
#banana
💸BANANA - Looks zone ready to me🍌💸
$BANANA
BINANCE:BANANAUSDT - Has had substantial pullback over the days and it looks plum now to flash back on top. We should see it going higher from here now. All the best!
#banana #BinanceSquareFamily #Write2Earn #CryptoETFMania
BINANCE:BANANAUSDT - Has had substantial pullback over the days and it looks plum now to flash back on top. We should see it going higher from here now. All the best!
#banana #BinanceSquareFamily #Write2Earn #CryptoETFMania
A $6.2m banana, a crypto empire and Trump's potential conflicts
Not long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial.
The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.
But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump.
Mr Sun's investment tipped the company over the threshold that allowed the president-elect to begin profiting from the venture. Trump and his family are now in the position to collect roughly $20m - and potentially far more.
Mr Sun, who is currently fighting fraud charges in the US related to his own crypto business, did not respond to questions about what prompted his interest in the tokens, which cannot be traded.
But the episode set off alarm bells among government ethics experts, who see it as an indication that Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way.
"The conflicts have grown substantially with the scope of his business empire," said Richard Painter, who served as the White House's chief ethics lawyer during the George W Bush administration.
A $6.2m banana, a crypto empire and Trump's potential conflicts
8 December 2024
Kayla Epstein and Natalie Sherman
National digital reporter and business reporter
Reporting fromNew York
Share
Save
Not long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial.
The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.
But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump.
Mr Sun's investment tipped the company over the threshold that allowed the president-elect to begin profiting from the venture. Trump and his family are now in the position to collect roughly $20m - and potentially far more.
Mr Sun, who is currently fighting fraud charges in the US related to his own crypto business, did not respond to questions about what prompted his interest in the tokens, which cannot be traded.
But the episode set off alarm bells among government ethics experts, who see it as an indication that Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way.
"The conflicts have grown substantially with the scope of his business empire," said Richard Painter, who served as the White House's chief ethics lawyer during the George W Bush administration.
In a statement to the BBC, Trump's team shrugged off the worries.
In his first term, "President Trump removed himself from his multi-billion-dollar real estate empire to run for office and forewent his government salary," Trump spokeswoman Karoline Leavitt said.
"Unlike most politicians, President Trump didn't get into politics for profit – he's fighting because he loves the people of this country and wants to make America great again."
But Trump has taken little action in response to concerns about the potential for corruption, or appearance of it, as he prepares for a return to the White House.
New opportunities
Trump has faced questions about conflicts of interest before.
During his first term as president, the Trump International Hotel in Washington, DC became a symbol of the issue, as a go-to place for lobbyists, foreign diplomats, and allies to stay and spend.
Critics argued that the hotel created a way for Trump to profit indirectly from his office. He faced accusations and lawsuits alleging he violated the US Constitution's ban on presidents receiving foreign emoluments – or profiting from their office.
But experts said the growth of his business empire, which now includes a publicly traded social media company, a cryptocurrency firm, and ties to a Saudi-backed golf league, makes it possible for anyone hoping to curry favour to move money more quietly and in much greater sums.
"The scale has increased and the ease has increased," said Michael Ohlrogge, a law professor at New York University, who has studied Trump Media, which operates Truth Social and currently represents the bulk of Trump's $6bn fortune. "You can only book so many hotel rooms."
On Truth Social, for example, Prof Ohlrogge said a foreign government or business could purchase ads convincing investors the firm was gaining traction, prompting a pop in its share price.
Though Trump Media commands a market value of more than $7bn, there has been little sign of such activity so far. The company reported less than $5m in ad sales this year.
But given the stock market's "amplifying" effect, Prof Ohlrogge said it would not require a lot of spending to lead to potentially significant gains for Trump, who owns more than half the shares of the company.
"His pro-crypto stance"
Nowhere is the entanglement between Trump's business interests and his public duties as stark as in the crypto industry, where he has deepened his personal involvement, while simultaneously promising to champion it while in the White House.
His plans include regulatory rollback and ideas such as a national Bitcoin reserve, in which the government would stockpile the cryptocurrency.
"One of the most important issues to be determined over the next couple years is how crypto is regulated," said Virginia Canter, chief ethics counsel at the nonpartisan Citizens for Responsibility and Ethics in Washington. "Well now, he's an active player in the crypto market. How it could be regulated [could] affect his personal wealth, what kind of position he takes."
Nik Bhatia, founder of Bitcoin Layer, a firm that advocates investments in Bitcoin, said it would be a mistake to dismiss Trump's stance on crypto as driven only by his own financial interests.
"I don't see these moves motivated by self-interest - I see them representing the electorate," he said.
But still, he said: "I think there probably is a conflict of interest in that his pro-crypto stance will benefit his company.
This week, Trump said he would nominate Paul Atkins, who has lobbied for the industry, to lead the Securities and Exchange Commission (SEC).
He is widely expected to dial back enforcement at the agency, which polices publicly traded firms such as Trump Media for issues such as fraud and insider trading. The SEC oversaw a crackdown on the crypto industry under President Joe Biden.
Mr Sun, the World Liberty Financial investor, was caught up in the SEC crackdown last year, after the agency charged him and his company with failing to properly register with the government while selling certain digital assets, among other charges.
Under new leadership, the agency could very well drop the case, said John Coffee, a professor at Columbia Law School and an expert in securities law.
"The leading characteristic of Mr Atkins is that he does not like enforcement and wants to greatly restrict the range of cases the SEC will bring," he said.
In announcing his investment last month, Mr Sun did not mention the SEC complaint - which he has said lacks merit - but did cite Trump's views on crypto.
"The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!" he wrote on X. "TRON is committed to making America great again and leading innovation. Let's go!"
Fewer guardrails
There is little in US law that sets limits on conflict-of-interest - presidents are not bound by the same rules that regulate other government employees and cabinet officials.
Though the US Constitution in theory bars presidents from taking presents from foreign governments while in office, the Supreme Court already has dismissed two previous lawsuits from Trump's first term involving potential conflicts of interests.
Last summer, in a case involving Trump, it also ruled that presidents have broad immunity from criminal prosecution while in office.
In the past, Trump has argued that his business was actually hurt by his time in the White House, as partners worried about controversy cut ties, and he faced investigations and lawsuits.
Now preparing to enter the White House a second time, Trump has yet to unveil an ethics plan, as is customary, and has given little sign he plans to bow to such concerns.
He has vowed to hold onto his Trump Media stake, continues to hawk Trump-branded merchandise and lend his name to ventures like World Liberty Financial. His Mar-a-Lago club remains a place where the wealthy willing to pay for membership can gain access to the president with little to no transparency.
Ethics experts worry that Trump has opened a door that will be difficult to close again.
"Trump's got the message he can do whatever he wants, because he won," Mr Painter said. "Future presidents are going to look at this and think, 'We can do whatever we want.'"
Trump courts crypto industry votes and campaign donations
Bitcoin surges past $100k for first time
What we know about Musk's cost-cutting mission
Donald Trump calls Bitcoin 'a scam'
Donald Trump
US politics
Cryptocurrency
#Write2Earn #banana
$BNB $BTC
The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.
But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump.
Mr Sun's investment tipped the company over the threshold that allowed the president-elect to begin profiting from the venture. Trump and his family are now in the position to collect roughly $20m - and potentially far more.
Mr Sun, who is currently fighting fraud charges in the US related to his own crypto business, did not respond to questions about what prompted his interest in the tokens, which cannot be traded.
But the episode set off alarm bells among government ethics experts, who see it as an indication that Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way.
"The conflicts have grown substantially with the scope of his business empire," said Richard Painter, who served as the White House's chief ethics lawyer during the George W Bush administration.
A $6.2m banana, a crypto empire and Trump's potential conflicts
8 December 2024
Kayla Epstein and Natalie Sherman
National digital reporter and business reporter
Reporting fromNew York
Share
Save
Not long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial.
The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.
But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump.
Mr Sun's investment tipped the company over the threshold that allowed the president-elect to begin profiting from the venture. Trump and his family are now in the position to collect roughly $20m - and potentially far more.
Mr Sun, who is currently fighting fraud charges in the US related to his own crypto business, did not respond to questions about what prompted his interest in the tokens, which cannot be traded.
But the episode set off alarm bells among government ethics experts, who see it as an indication that Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way.
"The conflicts have grown substantially with the scope of his business empire," said Richard Painter, who served as the White House's chief ethics lawyer during the George W Bush administration.
In a statement to the BBC, Trump's team shrugged off the worries.
In his first term, "President Trump removed himself from his multi-billion-dollar real estate empire to run for office and forewent his government salary," Trump spokeswoman Karoline Leavitt said.
"Unlike most politicians, President Trump didn't get into politics for profit – he's fighting because he loves the people of this country and wants to make America great again."
But Trump has taken little action in response to concerns about the potential for corruption, or appearance of it, as he prepares for a return to the White House.
New opportunities
Trump has faced questions about conflicts of interest before.
During his first term as president, the Trump International Hotel in Washington, DC became a symbol of the issue, as a go-to place for lobbyists, foreign diplomats, and allies to stay and spend.
Critics argued that the hotel created a way for Trump to profit indirectly from his office. He faced accusations and lawsuits alleging he violated the US Constitution's ban on presidents receiving foreign emoluments – or profiting from their office.
But experts said the growth of his business empire, which now includes a publicly traded social media company, a cryptocurrency firm, and ties to a Saudi-backed golf league, makes it possible for anyone hoping to curry favour to move money more quietly and in much greater sums.
"The scale has increased and the ease has increased," said Michael Ohlrogge, a law professor at New York University, who has studied Trump Media, which operates Truth Social and currently represents the bulk of Trump's $6bn fortune. "You can only book so many hotel rooms."
On Truth Social, for example, Prof Ohlrogge said a foreign government or business could purchase ads convincing investors the firm was gaining traction, prompting a pop in its share price.
Though Trump Media commands a market value of more than $7bn, there has been little sign of such activity so far. The company reported less than $5m in ad sales this year.
But given the stock market's "amplifying" effect, Prof Ohlrogge said it would not require a lot of spending to lead to potentially significant gains for Trump, who owns more than half the shares of the company.
"His pro-crypto stance"
Nowhere is the entanglement between Trump's business interests and his public duties as stark as in the crypto industry, where he has deepened his personal involvement, while simultaneously promising to champion it while in the White House.
His plans include regulatory rollback and ideas such as a national Bitcoin reserve, in which the government would stockpile the cryptocurrency.
"One of the most important issues to be determined over the next couple years is how crypto is regulated," said Virginia Canter, chief ethics counsel at the nonpartisan Citizens for Responsibility and Ethics in Washington. "Well now, he's an active player in the crypto market. How it could be regulated [could] affect his personal wealth, what kind of position he takes."
Nik Bhatia, founder of Bitcoin Layer, a firm that advocates investments in Bitcoin, said it would be a mistake to dismiss Trump's stance on crypto as driven only by his own financial interests.
"I don't see these moves motivated by self-interest - I see them representing the electorate," he said.
But still, he said: "I think there probably is a conflict of interest in that his pro-crypto stance will benefit his company.
This week, Trump said he would nominate Paul Atkins, who has lobbied for the industry, to lead the Securities and Exchange Commission (SEC).
He is widely expected to dial back enforcement at the agency, which polices publicly traded firms such as Trump Media for issues such as fraud and insider trading. The SEC oversaw a crackdown on the crypto industry under President Joe Biden.
Mr Sun, the World Liberty Financial investor, was caught up in the SEC crackdown last year, after the agency charged him and his company with failing to properly register with the government while selling certain digital assets, among other charges.
Under new leadership, the agency could very well drop the case, said John Coffee, a professor at Columbia Law School and an expert in securities law.
"The leading characteristic of Mr Atkins is that he does not like enforcement and wants to greatly restrict the range of cases the SEC will bring," he said.
In announcing his investment last month, Mr Sun did not mention the SEC complaint - which he has said lacks merit - but did cite Trump's views on crypto.
"The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!" he wrote on X. "TRON is committed to making America great again and leading innovation. Let's go!"
Fewer guardrails
There is little in US law that sets limits on conflict-of-interest - presidents are not bound by the same rules that regulate other government employees and cabinet officials.
Though the US Constitution in theory bars presidents from taking presents from foreign governments while in office, the Supreme Court already has dismissed two previous lawsuits from Trump's first term involving potential conflicts of interests.
Last summer, in a case involving Trump, it also ruled that presidents have broad immunity from criminal prosecution while in office.
In the past, Trump has argued that his business was actually hurt by his time in the White House, as partners worried about controversy cut ties, and he faced investigations and lawsuits.
Now preparing to enter the White House a second time, Trump has yet to unveil an ethics plan, as is customary, and has given little sign he plans to bow to such concerns.
He has vowed to hold onto his Trump Media stake, continues to hawk Trump-branded merchandise and lend his name to ventures like World Liberty Financial. His Mar-a-Lago club remains a place where the wealthy willing to pay for membership can gain access to the president with little to no transparency.
Ethics experts worry that Trump has opened a door that will be difficult to close again.
"Trump's got the message he can do whatever he wants, because he won," Mr Painter said. "Future presidents are going to look at this and think, 'We can do whatever we want.'"
Trump courts crypto industry votes and campaign donations
Bitcoin surges past $100k for first time
What we know about Musk's cost-cutting mission
Donald Trump calls Bitcoin 'a scam'
Donald Trump
US politics
Cryptocurrency
#Write2Earn #banana
$BNB $BTC
Technical Analysis of $BANANA (BINANCE : BANANA-USDT)**
#banana #bananausdt #BinanceSquareFamily #Write2Earn
#CryptoRegulation2025
$BANANA
Current Price : **$37.73**
24h Price Change : **+7.79%**
24h High : **$38.00**
24h Low : **$35.50**
Market Overview :
The **$BANANA ** token has recently experienced a significant pullback, creating a potential buying opportunity. The current market sentiment appears bullish, suggesting a possible upward movement in the near future.
Key Technical Indicators :
- Relative Strength Index (RSI) :** Currently at **72.46**, indicating overbought conditions. This suggests strong buying momentum but also warns of a potential pullback.
- Support Level : **$35.50** (recent low)
- Resistance Level : **$40.00** (previous high)
Analysis :
1. Price Action : After a substantial pullback, the price is showing signs of recovery, indicating that it may be ready to bounce back.
2. Volume Trends : Increased trading volume suggests heightened interest from investors, which could support a price increase.
3. Market Sentiment : Positive sentiment in the crypto market could further propel the price upward.
Conclusion :
The **$BANANA ** token appears to be in a favorable position for a rebound. With strong support at **$35.50** and resistance at **$40.00**, traders should watch these levels closely.
Pro-Tip for Investors :
- Stay Informed : Keep an eye on market news and updates that could impact price movements.
- Set Stop-Loss Orders : To manage risk, consider setting stop-loss orders just below the support level.
Final Advice :
Given the current analysis, it may be a good time to consider entering a position in **$BANANA **. However, always conduct your own research and assess your risk tolerance before making investment decisions.
#banana #bananausdt #BinanceSquareFamily #Write2Earn
#CryptoRegulation2025
$BANANA
Current Price : **$37.73**
24h Price Change : **+7.79%**
24h High : **$38.00**
24h Low : **$35.50**
Market Overview :
The **$BANANA ** token has recently experienced a significant pullback, creating a potential buying opportunity. The current market sentiment appears bullish, suggesting a possible upward movement in the near future.
Key Technical Indicators :
- Relative Strength Index (RSI) :** Currently at **72.46**, indicating overbought conditions. This suggests strong buying momentum but also warns of a potential pullback.
- Support Level : **$35.50** (recent low)
- Resistance Level : **$40.00** (previous high)
Analysis :
1. Price Action : After a substantial pullback, the price is showing signs of recovery, indicating that it may be ready to bounce back.
2. Volume Trends : Increased trading volume suggests heightened interest from investors, which could support a price increase.
3. Market Sentiment : Positive sentiment in the crypto market could further propel the price upward.
Conclusion :
The **$BANANA ** token appears to be in a favorable position for a rebound. With strong support at **$35.50** and resistance at **$40.00**, traders should watch these levels closely.
Pro-Tip for Investors :
- Stay Informed : Keep an eye on market news and updates that could impact price movements.
- Set Stop-Loss Orders : To manage risk, consider setting stop-loss orders just below the support level.
Final Advice :
Given the current analysis, it may be a good time to consider entering a position in **$BANANA **. However, always conduct your own research and assess your risk tolerance before making investment decisions.
#banana hace 2 semanas lo compre en 52 y ha bajado 38, que debería hacer en este caso? mantener mi posición hasta que vuelva y suba o rendirme o vender en perdida?
🚨🚨 $BANANA 📈📉👇
Here's a breakdown of the data provided:
1. Price:
Current Price: $38.18
24-hour Price Change: +0.26%
2. 24-Hour Trading Data:
24h High: $38.46
24h Low: $36.93
24h Volume (BANANA): 66,114.43
24h Volume (USDT): $2.49M
3. Moving Averages:
MA(7): $39.69
MA(25): $48.98
MA(99): $52.99
MA(5): 60,735.739
MA(10): 112,101.761
4. Volume and Market Data:
Depth: 74.76
Volume: 12,582.779
The prices show a high point of $61.22 and a low point of $34.16.
The data seems to cover a historical timeframe (from December 2, 2024, to December 17, 2024).
5. Technical Indicators (possibly):
EMA (Exponential Moving Average)
BOLL (Bollinger Bands)
SAR (Parabolic Stop and Reverse)
AVL (Average Volume)
MACD (Moving Average Convergence Divergence)
#BinanceAlphaAlert
#XmasCryptoMiracles
#MarketRebound
#banana
#Write2Earn
Here's a breakdown of the data provided:
1. Price:
Current Price: $38.18
24-hour Price Change: +0.26%
2. 24-Hour Trading Data:
24h High: $38.46
24h Low: $36.93
24h Volume (BANANA): 66,114.43
24h Volume (USDT): $2.49M
3. Moving Averages:
MA(7): $39.69
MA(25): $48.98
MA(99): $52.99
MA(5): 60,735.739
MA(10): 112,101.761
4. Volume and Market Data:
Depth: 74.76
Volume: 12,582.779
The prices show a high point of $61.22 and a low point of $34.16.
The data seems to cover a historical timeframe (from December 2, 2024, to December 17, 2024).
5. Technical Indicators (possibly):
EMA (Exponential Moving Average)
BOLL (Bollinger Bands)
SAR (Parabolic Stop and Reverse)
AVL (Average Volume)
MACD (Moving Average Convergence Divergence)
#BinanceAlphaAlert
#XmasCryptoMiracles
#MarketRebound
#banana
#Write2Earn
Hyderabad Vikram :
Are you sure It’s will reach $50 for how long it’s take time to hit please let me know
Споделяне на моята позиция на задържане
B
BANANAUSDT
Безсрочно
30X
-112.00%
Влизане
39,7723235
Последни
38,3423697
LightSecond:
trade gì 3% đòi cắt
$BANANA /USDT liquidation on the position amounting to $9.73K at a price of $39.43.
This could indicate that the market has moved against long positions in BANANA triggering liquidations
Is this something you're tracking for potential trading opportunities, or are you looking for analysis on this
#BANANA
#BTCNextMove
#BinanceLabsBacksUsual
#BinanceLaunchpoolBIO
#XmasCryptoMiracles
$BTC
$BANANA
This could indicate that the market has moved against long positions in BANANA triggering liquidations
Is this something you're tracking for potential trading opportunities, or are you looking for analysis on this
#BANANA
#BTCNextMove
#BinanceLabsBacksUsual
#BinanceLaunchpoolBIO
#XmasCryptoMiracles
$BTC
$BANANA
Willie Axelsen q2jh:
。。。。
Justin Sun Allegedly Requested the Removal of "Most Expensive Banana" Article
Justin Sun and the CoinDesk Article Dispute
Justin Sun's team reportedly reached out to Bullish, the owner of CoinDesk, requesting the removal of an article describing the incident where Sun ate the world's most expensive banana. The article, published in late November, detailed how Sun consumed an art piece by Maurizio Cattelan valued at $6.2 million.
Request to Remove the Article
According to a report by Fortune on December 18, Sun's team disagreed with the tone of the article and asked Bullish, which acquired CoinDesk for $75 million, to have it removed. The article was titled:
“I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It.”
Sun’s team found the content inappropriate and contacted Bullish to demand its removal.
Resistance from CoinDesk
The CoinDesk editorial team opposed the removal of the article. During an internal meeting, they demanded that the piece be reinstated with an editor’s note. However, the article is no longer available on the CoinDesk website, though it remains accessible on Yahoo News.
Previous Legal Disputes and CoinDesk's Independence
The article noted that Sun’s legal team had previously threatened legal action against media outlets linking the Tron blockchain to illegal activities. Interestingly, Tron is one of the primary sponsors of the CoinDesk Consensus conference series, raising questions about editorial independence.
Bullish and Leadership Changes at CoinDesk
According to the report, Bullish CEO Tom Farley, CoinDesk Editor-in-Chief Kevin Reynolds, and Justin Sun’s spokesperson all declined to comment on Fortune's findings. Additional sources stated that Matt Murray, Chairman of the CoinDesk Editorial Board, resigned on December 16 but did not respond to requests for comment.
In 2023, Bullish acquired CoinDesk from Digital Currency Group. This acquisition sparked concerns about the potential impact on the platform’s editorial independence. Following the acquisition, former Wall Street Journal Editor-in-Chief Matt Murray was appointed Chairman of the CoinDesk Editorial Board.
Conclusion
The dispute between Sun’s team and CoinDesk highlights tensions between media independence and commercial interests. The request to remove the article has raised concerns about press freedom and emphasized the importance of transparency in the relationship between media platforms and their owners.
#JustinSun , #TRON✅ , #BANANA , #CryptoNewss , #CryptoNewsCommunity
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Justin Sun's team reportedly reached out to Bullish, the owner of CoinDesk, requesting the removal of an article describing the incident where Sun ate the world's most expensive banana. The article, published in late November, detailed how Sun consumed an art piece by Maurizio Cattelan valued at $6.2 million.
Request to Remove the Article
According to a report by Fortune on December 18, Sun's team disagreed with the tone of the article and asked Bullish, which acquired CoinDesk for $75 million, to have it removed. The article was titled:
“I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It.”
Sun’s team found the content inappropriate and contacted Bullish to demand its removal.
Resistance from CoinDesk
The CoinDesk editorial team opposed the removal of the article. During an internal meeting, they demanded that the piece be reinstated with an editor’s note. However, the article is no longer available on the CoinDesk website, though it remains accessible on Yahoo News.
Previous Legal Disputes and CoinDesk's Independence
The article noted that Sun’s legal team had previously threatened legal action against media outlets linking the Tron blockchain to illegal activities. Interestingly, Tron is one of the primary sponsors of the CoinDesk Consensus conference series, raising questions about editorial independence.
Bullish and Leadership Changes at CoinDesk
According to the report, Bullish CEO Tom Farley, CoinDesk Editor-in-Chief Kevin Reynolds, and Justin Sun’s spokesperson all declined to comment on Fortune's findings. Additional sources stated that Matt Murray, Chairman of the CoinDesk Editorial Board, resigned on December 16 but did not respond to requests for comment.
In 2023, Bullish acquired CoinDesk from Digital Currency Group. This acquisition sparked concerns about the potential impact on the platform’s editorial independence. Following the acquisition, former Wall Street Journal Editor-in-Chief Matt Murray was appointed Chairman of the CoinDesk Editorial Board.
Conclusion
The dispute between Sun’s team and CoinDesk highlights tensions between media independence and commercial interests. The request to remove the article has raised concerns about press freedom and emphasized the importance of transparency in the relationship between media platforms and their owners.
#JustinSun , #TRON✅ , #BANANA , #CryptoNewss , #CryptoNewsCommunity
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“