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Justin Sun

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Justin Sun’s WLFI Saga and Bitcoin’s Potential Drop Below $50K
cryptocurrency5 months ago

Justin Sun’s WLFI Saga and Bitcoin’s Potential Drop Below $50K

Bitcoin may drop below $50,000 amid bearish signals, while Justin Sun urges WLFI to unfreeze his tokens. The week also saw major developments including interest rate cut forecasts, a $6.4 billion crypto treasury deal by Trump-linked media, and regulatory concerns over prediction markets. Additionally, a Bitcoin bear market is predicted to begin in October, and other crypto news highlights include recovery from a phishing attack and significant market movements.

via Cointelegraph|
#bitcoin#crypto-regulation#cryptocurrency
Justin Sun Demands Unfreezing of $100M Crypto from Trump-Linked Firm
business5 months ago

Justin Sun Demands Unfreezing of $100M Crypto from Trump-Linked Firm

Justin Sun, a major crypto investor, publicly criticized World Liberty Financial after his coins were frozen, amid ongoing tensions and market turmoil involving the company's cryptocurrency, $WLFI, which recently experienced a significant price drop. The dispute highlights concerns over the company's practices and the broader crypto regulatory environment, casting a shadow over the Trump family's crypto ventures.

via The New York Times|
#business#crypto-regulation#cryptocurrency
Tron to Go Public in US Through Reverse Merger with SRM Entertainment
business8 months ago

Tron to Go Public in US Through Reverse Merger with SRM Entertainment

Crypto platform Tron, founded by Justin Sun, plans to go public in the US through a reverse merger with Nasdaq-listed SRM Entertainment, after a pause in SEC investigations. The deal involves significant token assets and is linked to close ties with the Trump family, reflecting Sun's strategic moves amidst regulatory and political developments in the crypto industry.

via Financial Times|
#business#crypto#donald-trump
Crypto Mogul Consumes $6.2M Banana Art in Bold Move
art-and-culture1 year ago

Crypto Mogul Consumes $6.2M Banana Art in Bold Move

Chinese cryptocurrency entrepreneur Justin Sun ate a banana artwork he purchased for $6.2 million, created by Italian artist Maurizio Cattelan, in a social media stunt. Sun, who bought the piece at a New York auction, humorously commented on the banana's taste and pledged to buy 100,000 bananas for free distribution, though logistical challenges were noted by the original banana seller. Sun is known for high-profile purchases, including a $4.8 million lunch with Warren Buffett and a $28 million space trip bid.

via NPR|
#art-and-culture#bananas#conceptual-art
Art Collector Consumes $6.2M Banana Installation
art-and-culture1 year ago

Art Collector Consumes $6.2M Banana Installation

Cryptocurrency entrepreneur Justin Sun, who recently purchased the conceptual art piece "Comedian" by Maurizio Cattelan for $6.2 million, ate the banana from the artwork during a press conference in Hong Kong. The piece, which features a banana duct-taped to a wall, gained fame at Art Basel Miami Beach in 2019. Sun's purchase included a certificate allowing him to recreate the artwork. He described the act as a unique artistic experience bridging art, memes, and cryptocurrency. Sun also announced a $30 million investment in Donald Trump's cryptocurrency venture, World Liberty Financial.

via Newsmax|
#art#art-and-culture#banana-art
Crypto Mogul Consumes $6M Banana Art, Sparking Viral Frenzy
art-and-culture1 year ago

Crypto Mogul Consumes $6M Banana Art, Sparking Viral Frenzy

Cryptocurrency entrepreneur Justin Sun ate a banana from Maurizio Cattelan's $6.2 million artwork 'Comedian' during a press conference in Hong Kong. Sun, who purchased the artwork at a Sotheby's auction, used the event to draw parallels between the artwork and cryptocurrency, likening it to NFTs. The banana, part of a duct-taped installation, has been replaced multiple times and eaten by others before. Sun's actions highlight the intersection of art, value, and digital currency.

via BBC.com|
#art-and-culture#art-auction#cryptocurrency
$6M Banana Art Stunt Sparks Crypto and Art Market Frenzy
cryptocurrency1 year ago

$6M Banana Art Stunt Sparks Crypto and Art Market Frenzy

Justin Sun, founder of the cryptocurrency platform Tron, ate a $6.2 million banana artwork on stage in Hong Kong, symbolizing the conceptual value of digital assets. Sun, who was charged by the SEC for fraud, praised Donald Trump for his support of the crypto industry, anticipating the U.S. becoming a key player in cryptocurrency development under Trump's leadership. Sun's purchase of the artwork, "Comedian" by Maurizio Cattelan, was made using stablecoin, highlighting the growing acceptance of crypto in high-value transactions.

via Financial Times|
#art#cryptocurrency#donald-trump
$6 Million Banana Art: From Auction to Edible?
art-and-culture1 year ago

$6 Million Banana Art: From Auction to Edible?

Crypto entrepreneur Justin Sun purchased Maurizio Cattelan's artwork "Comedian," a banana duct-taped to a wall, for $6.2 million. The piece, which includes a certificate of authenticity, has been a provocative symbol in the art world since its debut. Sun plans to eat the banana as part of an artistic experience but is open to sending it to space with Elon Musk. The artwork's value lies in its concept and authenticity, not the banana itself.

via Fortune|
#art-and-culture#art-basel#comedian
Duct-Taped Banana Art Fetches $6.2M at Auction
art1 year ago

Duct-Taped Banana Art Fetches $6.2M at Auction

Maurizio Cattelan's artwork "Comedian," featuring a banana duct-taped to a wall, sold for $6.2 million at Sotheby's in New York, significantly surpassing its pre-sale estimate. The buyer, Chinese cryptocurrency entrepreneur Justin Sun, plans to eat the banana as part of the artistic experience. The piece, which has sparked debates about the nature of art since its 2019 debut, includes instructions for replacing the banana when it rots. Sun, who runs the Tron blockchain network, has faced fraud accusations from the US SEC, which he denies.

via BBC.com|
#art#art-auction#comedian-installation