Justin Sun Denies $30M Investment in Trump-Backed World Liberty Financial Was Politically Motivated

Nov 29, 2024, 03:52 PM

Justin Sun, a prominent cryptocurrency entrepreneur, has denied allegations that his $30 million investment in the Trump-backed World Liberty Financial was an attempt to influence President-elect Donald Trump. Sun, who was charged with fraud by the SEC last year, disputes the allegations and described his investment as apolitical. The $30 million investment reportedly pushed the World Liberty Financial project over the threshold that enables the Trumps to receive financial payouts from the venture.