Justin Sun Reportedly Spent $75 M. on Trump-Backed Crypto Firm
Justin Sun, the crypto billionaire who shot to art world notoriety after buying, and promptly eating, Maurizio Cattelan’s duct-taped banana, and has remained in the spotlight amid a legal dispute with collector David Geffen, is again under scrutiny—this time for his dealings with World Liberty Financial (WL), the controversial cryptocurrency firm peddled by President Donald Trump.
According to a New York Times, investigation of WL published on April 28, the 34-year-old Hong Kong native reportedly spent $75 million on $WLFI coins late last year, not long after buying the Cattelan sculpture, Comedian, for $6.2 million from Sotheby’s. As the Times notes, Sun’s investment in WL drew accusations of a clear conflict of…