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Justin Sun

Justin Sun

Justin Sun is a Chinese-born entrepreneur, cryptocurrency enthusiast, and former CEO of the blockchain DAO ecosystem, Tron

Justin Sun was born on July 30, 1990, and holds a Bachelor of Arts degree in history from Peking University and a Master of Arts degree in East Asian studies from the University of Pennsylvania. Sun became interested in cryptocurrency while studying at the University of Pennsylvania and invested early in Bitcoin. He was recognized as the first Millennial graduate from Hupan University, a business school in China founded by Alibaba Group founder Jack Ma. He was named CNTV's most noteworthy new entrepreneur in 2015. Sun was also documented in Forbes China "30 Under 30" from 2015 to 2017.

In September 2017, Sun's company, Tron, held an initial coin offering (ICO) for the TRN token just a few days before the Chinese government banned ICOs. Sun was aware of the impending ban and pushed for the sale to occur before the ban could be announced. Shortly after the sale, Sun left China for the United States.

Sun has also been involved in several controversies throughout his career. In 2018, he acquired the file-sharing platform BitTorrent, which was later accused of violating copyrights. He was also criticized for announcing a partnership with Warren Buffett and then canceling a charity lunch with the investor.

In March 2021, Sun was the underbidder on the historic $69 million auction at Christie's New York of the Beeple non-fungible token (NFT) collection Everyday: the First 5000 Days. In October 2021, Sun participated in a $65 million funding round in Animoca.

In December 2021, Sun retired as CEO of Tron and became the Permanent Representative of Grenada to the World Trade Organization (WTO) in Geneva.

News

Huobi Now Has a $100 000 000 Liquidity Fund: What Does It Mean?

Huobi Now Has a $100 000 000 Liquidity Fund: What Does It Mean?

Not so long ago, Huobi launched a 20 000 BTC investor protection fund to help users out in case of force majeure. As if that wasn’t cool enough, now there’s a $100 000 000 liquidity pool to protect the token from dropping. Cuteness overload!

Binance is Allegedly Practicing Maneuvers Similar to FTX

Binance is Allegedly Practicing Maneuvers Similar to FTX

Binance has transferred $1.8 billion in stablecoin collateral to hedge funds without informing its customers, Forbes reports says. This move has left other investors exposed, raising concerns about the transparency and solvency of Binance

HowTo

How to Mine Polkadot?

How to Mine Polkadot?

Polkadot is a blockchain platform that was created by Gavin Wood, one of the co-founders of Ethereum, and launched in May 2020. The project uses a multi-chain architecture, where multiple parallel blockchains (known as "parachains") can operate simultaneously and communicate with each other

What is Cold Storage?

What is Cold Storage?

In the world of cryptocurrency, security is of utmost importance. With the popularity of cryptocurrencies, hacks, and security breaches come along. Cold storage of digital assets has emerged as an increasingly popular option for those seeking increased protection. This article will examine the advantages and disadvantages of cold storage and show you how to select the optimal solution for your needs