Sun introduced the Tron blockchain as a swifter and less costly alternative to Ethereum and sold around $70 million of Tron’s TRX token.
Sun also gave around $28 million for grabbing the first seat on a space-tourism rocket made by Blue Origin of Jeff Bezos.
Sun gathered some journalists in 2022 in Singapore to announce that he would consider buying some assets.
The founder of Tron Blockchain, Justin Sun says that he wants to be the Musk of the crypto world. In an interview, along with sharing the desire to become Elon Musk, he also mentioned “Even though it might sound crazy or too much for some people in the initial period, but in the end, I think lots of things we do will have great results.
As per the speculations, he wants to become Elon Musk, as Musk is a great leader in his own sector as well as cryptocurrency, and, Sun wants to follow his path. For this, he has also taken some significant steps and is now trying to increase his closeness to the newly elected president, Donald Trump.
Increased closeness with Trump
The chief executive officer of Better Markets, Dennis Kelleher says that the Sun’s investment of $30 million in Trump-backed World Liberty investment seems like an effort to be in the good books of the upcoming Trump government. He also mentioned that this is a very significant lawsuit.
The accusations are not something that even the new chairman of the Securities and Exchange Commission is going to slightly disperse. A spokesperson of Tron revealed that they firmly discuss these allegations and any crime.
Sun says that he decided to put his money into World Liberty after witnessing Trump and his sons Eric and Donald Jr. publicize their interest in taking crypto along with traditional finance together.
A dig into Sun’s history
In 2011, Sun came to the United States to have a degree of graduation from the University of Pennsylvania. He became love-struck by Musk and his company Tesla. While studying for the Law School Admission Test, Sun caught a crypto bug that ignited his interest resulting in the change of his career field.
In 2017, Sun introduced the Tron blockchain as a swifter and less costly alternative to Ethereum and sold around $70 million of Tron’s TRX token before China proclaimed the fundraising method illegal and then banned it.
In 2018, the co-founder of Ethereum, Vitalik Buterin, claimed Sun was mimicking his white paper. After this, in 2021, he acquired the title “His Excellency” after the victorious win of appointment illustrating Grenada with the World Trade Organization, though the Caribbean nation has since revoked Sun’s position.
Sun also gave around $28 million for grabbing the first seat on a space-tourism rocket made by Blue Origin of Jeff Bezos. Meanwhile, he hasn’t taken the trip, citing scheduling conflicts. When FTX headed by San-Bankman Fried went bankrupt in 2022, Sun gathered some journalists in Singapore to announce that he would consider buying some assets.
