Crypto billionaire Justin Sun says he received a $100K Trump-branded watch at the president’s meme coin dinner
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President Donald Trump feted the top holders of his $Trump token on Thursday night.
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Justin Sun, the top holder of the coin, said he was presented with a $100,000 Trump-branded watch.
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A billionaire, Sun has run into legal troubles related to his other holdings.
The crypto billionaire Justin Sun said he received a $100,000 Trump-branded watch at President Donald Trump’s meme coin dinner on Thursday, held at the Trump National Golf Club outside Washington, DC. The top 220 holders of the token were invited to the event.
In photos and videos of the event, Sun posed with other attendees and signed a printout of a leaderboard showing he was No. 1 among the top 220 Trump coin holders.
Sun said he was gifted a Trump Tourbillon watch, which retails for $100,000. The top 25 holders were treated to a more intimate reception with Trump.
“I really appreciate, like, everything the Trump administration has done to our industry,” Sun said in a video that he reposted on X. “As the president said right before, so like, basically, like, 100 days ago, like, they go after crypto people like everywhere. That’s impossible for us to have such beautiful events in DC.”
In a separate post, Sun shared a video showing him walking into the Eisenhower Executive Office Building, where top White House officials work. The White House did not respond to a question about whom Sun met with.
In 2023, the Securities and Exchange Commission charged Sun with fraud, accusing him of manipulating the market for Tronix or TRX crypto. In February, after Trump took office, the SEC paused its investigation.
Sun, who Forbes estimates is worth $8.5 billion, has other ties to Trumpworld. Before buying the meme coin, he invested $75 million in World Liberty Financial, a crypto project connected to the president and his sons.
