Collector Justin Sun Invests $30 Million in Trump’s Crypto Business Amid SEC Probe
Hong Kong-based crypto magnate and art collector Justin Sun rocketed to a new level of fame overnight on November 21, when he plunked down $6.2 million at Sotheby’s New York for Comedian (2019), the cheeky conceptual piece by Italian trickster-artist Maurizio Cattelan. But he made a considerably larger and potentially much more consequential investment a few days later, when he sank $30 million into Donald Trump’s cryptocurrency project, World Liberty Financial, which aims to “make finance great again.”
This made Sun, the founder of crypto platform Tron, the company’s largest investor, and, following to the terms laid out in the project’s “gold paper,” will result in a…