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Justin Sun Net Worth - How Much Does Justin Sun Earn?



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Justin Sun is a Chinese/Grenadian diplomat. He is Grenada's ambassador. He is also a member and permanent representative of Grenada at the WTO. He is also the creator of TRON and of cryptocurrency. Below are some of his most noteworthy achievements.

Justin Sun is currently part of the United States World Economic Council. There he works on issues related to international trade. He is an avid Bitcoin investor and has opened 13 U.S. bank accounts. The alleged lack of disclosure led to confusion among former employees, who claimed that Sun had been telling them to spread their money across multiple bank accounts to avoid the anti-money-laundering laws. Despite not being transparent, Sun is still the most successful cryptocurrency entrepreneur.


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Sun's climb to the top was not without controversy. Sun is also the founder of TRON cryptocurrency platform, and controversial stablecoin Tether. He is also the former chief representative for Ripple Greater China. But there are downsides to this controversial cryptocurrency. Some believe that Sun is too controversial and is not doing his job well. To focus on the real-world, he is phasing away his crypto-related projects.


Sun's first major controversy was after he was appointed Ambassador to Grenada. He will be lobbying for favorable cryptocurrency policies around the globe in his new role. He has already used his public position to promote TRON. He met the Russian WTO representative and discussed the humanitarian case for blockchain technology. After his appointment, the representative from Peking University contacted China and banned Sun on his social media accounts. For his political activities, the government closed down some of his Internet accounts. However, his tweet was deleted.

Before becoming CEO of TRON, Sun has already been accused of several other crimes. Sun was convicted of hacking and money laundering. He also has two other citizenships - he was born in the Caribbean. He is known for blaming conservatives, and his inability to legitimize cryptocurrency in the U.S. has led to a political scandal here in Grenada.


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Sun spent millions of dollars after his arrest on art, including a Giacometti sculpture worth $78.4million. In addition to art, he also purchased Gucci shoes and a GMC Denali. He has been known as spending millions of dollars on artwork. He does not seem to have a passion for buying celebrity merchandise. He revealed recently that he bought a record $28 million spacecraft chair.




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Statistics

  • Ethereum estimates its energy usage will decrease by 99.95% once it closes “the final chapter of proof of work on Ethereum.” (forbes.com)
  • Something that drops by 50% is not suitable for anything but speculation.” (forbes.com)
  • In February 2021,SQ).the firm disclosed that Bitcoin made up around 5% of the cash on its balance sheet. (forbes.com)
  • That's growth of more than 4,500%. (forbes.com)
  • This is on top of any fees that your crypto exchange or brokerage may charge; these can run up to 5% themselves, meaning you might lose 10% of your crypto purchase to fees. (forbes.com)



External Links

forbes.com


cnbc.com


bitcoin.org


reuters.com




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Justin Sun Net Worth - How Much Does Justin Sun Earn?