Recently, a party for holders of Trump coins was held in the United States, where the largest holder, SUN, confirmed to be Justin Sun, the founder of the Tron blockchain. He also attended the banquet in grand attire. However, Adam Cochran, a partner at private fund Cinneamhain Ventures, pointed out that Justin Sun’s arrogant behavior is simply disgusting. He stated that if you vote for Trump because you think he is the “crypto president,” the only representative of that belief is scoundrels like Sun.
Justin Sun was only able to postpone his SEC case after serving as a WLFI advisor
Adam Cochran, a partner at private fund Cinneamhain Ventures, stated on Twitter that Justin Sun has been under investigation by the U.S. Department of Justice (US DoJ) for fraud, money laundering, and theft for many years. His case with the U.S. Securities and Exchange Commission (SEC) was only dismissed after he purchased $75 million worth of Trump $WLFI tokens.
The author adds: The Wall Street Journal reported at the end of February that the SEC proposed to postpone the case against Justin Sun and his three companies for 60 days, but no announcement of dismissal has yet been seen. The SEC sued Justin Sun and his three companies in March 2023, accusing them of manipulating the prices of tokens previously issued to the public. Regulators claimed that Sun instructed employees to inflate the trading volume of TRX through wash trading, which involved buying and selling tokens between themselves. At that time, the SEC stated that Sun was involved in over 600,000 suspicious TRX transactions that occurred between two trading accounts under his control.
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Private fund partner: If you vote for Trump just because he is the crypto president, Sun is the only representative
Adam Cochran pointed out that although the Department of Justice has not officially dismissed the case or arrest warrant against him, he is dining with the U.S. President on American soil and taking photos after purchasing $1 million worth of Trump meme coins. He stated that this behavior is utterly disgusting, and such corruption should be impeached immediately; this vile propaganda makes the entire industry seem like a realm of crime and fraud. He also sternly accused that if you vote for Trump because you think he is the “crypto president,” the only representative of that belief is scoundrels like Sun.
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