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Justin Sun Invests $30 Million, Including $18 Million in Tokens, in Trump's World Liberty Crypto Venture Amid SEC Investigation

Dec 3, 2024, 09:03 PM

Justin Sun, a Chinese entrepreneur currently facing prosecution for fraud by the Securities and Exchange Commission (SEC), has made significant investments in a cryptocurrency venture associated with Donald Trump. Sun invested a total of $30 million in the Trump-backed crypto project, which includes the purchase of $18 million worth of tokens. This transaction has raised eyebrows due to Sun's legal troubles and the timing of the investment following the recent presidential election. Trump's promotion of the World Liberty token has been a focal point of this venture, drawing attention to the intersection of politics and cryptocurrency.