Sun Yuchen: A 'Cryptocurrency Legend' Intertwined with Controversy and Wealth

Sun Yuchen, born in 1990 in Qinghai. In 2007, he entered university by taking advantage of Peking University's lowered admission standards, and was humorously referred to as a 'third-rate student making a comeback.' In 2011, he went to the United States for further studies, receiving funding from Li Zhengdao. In 2012, he ventured into Bitcoin investment and earned millions in a short time, successfully completing his initial capital accumulation.

In 2014, leveraging his study abroad experience, Sun Yuchen concocted a series of eye-catching virtual titles such as 'Buffett Alumnus,' 'Outstanding Graduate of the University of Pennsylvania,' 'Tesla Investor,' 'Holder of 1000 Bitcoins,' and 'President of Ripple Greater China,' using these to package himself. In 2015, he became the only post-90s student in the first cohort of Lakeview University and earned the title of 'Jack Ma's youngest disciple,' while also being selected for Forbes' 30 Under 30 entrepreneurs list, enjoying a moment of glory.

In 2017, Sun Yuchen founded TRON. Although the TRON public chain was accused of code plagiarism, it still ranked among the top three public chains globally. In 2018, he sold 6 billion TRX at a high price, becoming extremely wealthy overnight, earning 12 billion, which led to the nickname 'One Sun Cuts' and was viewed as the 'Jia Yueting of the cryptocurrency world.' Subsequently, he quickly went to the United States to operate TRON. At the same time, he was also a significant private holder of Ethereum, with his asset scale expanding from millions to billions, achieving remarkable growth.

In 2019, Sun Yuchen spent 30 million yuan to buy a lunch with Buffett but repeatedly canceled, causing a global spectacle that made him a household name while severely damaging the image of Chinese entrepreneurs in Buffett's eyes. During this period, he also madly cashed out TRX, profiting hundreds of millions. In 2022, to escape U.S. sanctions, he spent 100 million dollars to obtain Grenadian citizenship and assumed the role of diplomatic ambassador, thus gaining diplomatic immunity, while also meeting with representatives from Singapore, Russia, the EU, and others, continuing his performance on the international stage.

Now, at 33 years old, Sun Yuchen has ascended to the ranks of the wealthy, hailed as a 'cryptocurrency legend,' and even audaciously claimed he wants to participate in the U.S. presidential election, with his future trajectory full of unknowns and controversies.