On May 23, 2025, U.S. President Donald Trump presented gold watches Trump Golden Tourbillon to Tron founder Justin Sun at a private gala dinner at Trump National Golf Club in Virginia. The event gathered 220 top holders of the meme coin associated with the Trump Organization. Sun received the award as the largest investor, confirming his support for Trump's projects, including World Liberty Financial (WLF), where he invested $75 million.
The ceremony sparked mixed reactions: the opposition accused Trump of corruption, and discussions about the connections between the crypto industry and politics are active on X. According to blockchain data, 80% of the tokens are controlled by the Trump family, and the token itself rose by 80% after the announcement of the dinner, reaching $14.5. Sun, whose wealth is estimated by Forbes at $8.5 billion, is also known for investments in WLF, which brought Trump $400 million in profit.
This event highlights the growing influence of cryptocurrencies in U.S. politics. Will this become a new trend? Stay tuned for updates on #MiningUpdates
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