Justin Sun, the ever-boisterous crypto magnate, Chinese blockchain pioneer, and the mind behind TRON (TRX), has now graced the cover of Forbes, donning the title ‘Crypto’s Billionaire Barker.’
Overjoyed by this recognition, Sun took to Twitter, proclaiming, “From a dreamer to a global powerhouse—thrilled to be featured on Forbes as Crypto’s Billionaire Barker. TRON continues to grow, powering a global payment network with over 300 million users. In the end, decentralization will prevail.”
The article delves into Sun’s dominance in the crypto world, highlighting his knack for stirring the pot—be it through audacious bets, flamboyant statements, or controversies that keep him in the limelight. And of course, the story wouldn’t be complete without mentioning his recent $80 million investment in Donald Trump’s crypto venture, World Liberty Financial (WLF).
When WLF was teetering on the edge of uncertainty, Sun wired $30 million in November 2024, just weeks after Trump’s return to the White House. His justification? “I see WLF as a strong contender in the financial technology arena,” he asserted.
But that wasn’t the end of it. Sun doubled down, injecting an additional $45 million—75% of which reportedly went directly into Trump’s coffers. In total, Sun’s contributions helped Trump and his family amass an estimated $400 million. Yet, the WLF pitch deck, titled the “Gold Paper,” was more style than substance—featuring Trump painted gold like a comic book hero, with no real product, liquidity, equity, or credible leadership.
The Crypto Curse? 🧙♂️
As news of Sun’s cover spread, Binance founder Changpeng Zhao (CZ) weighed in, tweeting: “Congrats! Finally read the article, as I refuse to have a subscription. Is it just me, or does it come across like a hit piece?”
One user bluntly replied to CZ: “I remember when you went to jail after that picture. And SBF.”
Crypto Twitter was quick to connect the dots. Users recalled that when CZ graced Forbes’ cover in February 2018 with the headline “From Zero To Crypto Billionaire In Under A Year: Meet The Founder Of Binance,” he later found himself behind bars.
Sam Bankman-Fried (SBF) also had his moment in the sun when Forbes ran a piece titled “Meet The World’s Richest 29-Year-Old: How Sam Bankman-Fried Made A Record Fortune In The Crypto Frenzy.” Not long after, he too ended up behind bars.
With this eerie pattern repeating itself, the burning question is—will history repeat itself? Sun has already caught the SEC’s attention, and as TRON solidifies its position in global payments, regulators are bound to take a closer look.
So far, TRX’s price hasn’t reacted to Sun’s Forbes moment. But in crypto, history has a way of rhyming. Will Sun break the cycle, or is he just the latest name in the so-called Forbes cover curse?
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2025-03-28 14:46