Justin Sun – the founder of the Tron blockchain network – made a surprising comeback in the United States after a long absence. Previously, he was the ambassador of Grenada to the World Trade Organization (WTO), operating in the context of the former President Joe Biden's administration tightening regulations on the cryptocurrency sector. However, the situation has completely changed.

Recently, Justin Sun attended a dinner hosted by incumbent President Donald Trump – an event exclusively for holders of a large amount of the memecoin TRUMP. This was not only a symbolic meeting but also marked a significant turning point for the cryptocurrency industry in the U.S., as the country is gradually easing its regulatory policies towards the digital asset sector.

"Old Enemy" - New Administration

In an exclusive interview with CoinDesk following the dinner, Sun refuted allegations that the TRUMP token is a tool for bribery. He argued that the criticisms are shortsighted and emphasized that President Trump's support for the crypto industry could usher in a strong wave of innovation in the U.S.

"All the haters should pay attention. This is one of President Trump's best decisions," Sun declared. "The industry is witnessing positive changes."

The relationship between Justin Sun and Trump’s cryptocurrency-related initiatives began after last year's election, when Sun was reported to have purchased up to $75 million in World Liberty Financial tokens – a project linked to Trump's financial activities.

Shortly after President Trump took office, the U.S. Securities and Exchange Commission (SEC) temporarily halted its civil lawsuit against Justin Sun – which was related to the Binance exchange. At the same time, the SEC also withdrew or suspended more than a dozen other lawsuits. However, the U.S. Department of Justice is still investigating Sun since 2021.

Nevertheless, Mr. Sun described the dinner with Trump as "a clear signal that the U.S. is regaining its status as the global center of crypto," especially in the context of many companies that had planned to leave the U.S. due to pressure from the Biden administration.

"Many people have told me that they once considered leaving the U.S. for Hong Kong or Singapore. Even the Consensus conference was held outside of the U.S.," Sun shared. "But now they have changed their minds."

Furthermore, news about the potential launch of an ETF based on Tron is being received by investors as a significant boost, indicating that Sun's ecosystem is gradually being accepted in the U.S. market.

Controversy Surrounding TRUMP Memecoin

The event hosted by Trump inevitably faced opposition from mainstream media, including accusations about the connection between TRUMP token holders and white nationalism. Sun vehemently refuted this and stated that everyone has the right to express their opinions under the First Amendment.

Notably, the controversy surrounding memecoin comes not only from detractors but also appears within the crypto community. At the Consensus 2025 event, Dave Portnoy – the founder of Barstool Sports – likened memecoin to a 'gamble' or a 'Ponzi scheme,' although he acknowledged that they are entertaining and appealing.

Sun disagrees. He cites coins like DOGE and SHIB to demonstrate that memecoin can help popularize cryptocurrency to a broader public. He asserts that Tron’s mission is to support "every piece of the industry to grow and become mainstream."

"I firmly believe that memecoin has value," Sun said. "It’s just like business – some succeed, some fail. That’s the nature of startups."

Conclusion

Justin Sun's return to the U.S. is not only symbolic but also a sign of a wave of transformation in the cryptocurrency industry under the new administration. Trump's public support for crypto, along with positive legal moves, could herald a new era for investors and companies in the blockchain sector in the United States.