Chinese-born crypto billionaire who founded the Tron and BitTorrent crypto tokens. He served as Grenada's trade representative to the World Trade Organisation, a post he stepped down from in 2023 after the Securities and Exchange Commission accused him of fraud—issuing unregistered securities, "wash trading" to make his tokens look active, and paying celebrities to endorse them without disclosure. He was afraid to set foot in America lest he be arrested. The case was settled in March 2025, shortly after Donald Trump won the 2024 election, with a $10m fine and no admission of wrongdoing.
Mr Sun was the first major backer of World Liberty Financial, buying $75m-worth of its tokens from November 2024. Three-quarters of the proceeds of any token sales flowed to a Trump-linked entity.
In 2026 Mr Sun filed a federal lawsuit in California against World Liberty Financial, alleging his tokens had been frozen even after a blanket restriction on selling was lifted for other buyers. He claims this cost him $276m as the tokens have since dropped in value. The suit also alleges his governance voting rights were stripped, and that the firm threatened to "permanently destroy" his tokens by burning them. According to the suit, retaliation began after Mr Sun refused World Liberty's demand that he buy $200m-worth of its new stablecoin and promote it on the Tron network.
If you don't go to other men's funerals they won't go to yours.