Crypto mogul Justin Sun invests US$30 million in Trump tokens after banana artwork deal

Quick Summary:

Sun’s moves come amid booming cryptocurrency prices fuelled by excitement around the re-election of former US president Donald Trump.

Justin Sun, the founder of cryptocurrency platform Tron, was the buyer of Maurizio Cattelan’s “Comedian” (2019) at a Sotheby’s auction in New York on November 20, 2024.“Justin’s insights and experience will be instrumental as we continue to innovate and grow,” World Liberty Financial said in an X post, and welcomed Sun to its team.

The founder has become an adviser to World Liberty Financial following the investment, the project said on X.

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Article Details

Author / Journalist: Xinmei Shen

Category: Technology

Markets: Hong Kong

Topics: Justin Liberty Million Financial Founder Us$30 Blockchain World Project Tron Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 18:00:22 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 176 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 44 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23904835

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