This is Justin Sun...
One of the most powerful figures in crypto with $8B+ in assets.
A few days ago he made $16M on PLASMA, then got banned on WLFI losing $520M.
Hereās his wild story and market predictions š
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This is Justin Sun.
He was a failed student, disliked by crypto Twitter, and often mocked for his PR stunts.
Yet he went on to build one of the most widely used blockchains in the world.
He was born in China in 1990.
Controversial from his school years, always pushing against the system.
He failed the entrance exam twice before finally getting into Peking University.
In 2012, he discovered Bitcoin.
He put all his savings into it when it was still under $1.
While others laughed, he focused on learning how money and power really worked.
At 21, he made a huge bet, putting a full yearās tuition into Bitcoin.
By 2014, he had already become a millionaire.
By 2015, he landed on Forbes Asiaās 30 Under 30 list three years in a row.
In 2017, he launched TRON.
He raised $70M in an ICO just before China banned them.
Some say he saw it coming and moved quickly.
In 2018, he bought BitTorrent for $140M.
It was an old-school P2P app with over 100M users.
He launched the BTT token and brought it on-chain.
He was always pulling outrageous stunts just to stay in the spotlight.
He once paid $4.5 million for a lunch with Warren Buffett.
He even bought a $6 million banana art piece and ate it live on camera.
He invested $75M in Trump World Liberty Financial, bringing crypto into U.S. political circles.
After that, he was chosen as Prime Minister of Liberland to work on developing blockchain technologies.
But the recent WLFI story set off a major conflict in media.
Justin Sun started moving his allocated WLFI tokens, sending $1M to the HTX exchange.
His wallet was blocked, leaving $520M worth of tokens locked away.
Justin has already made a post about it
His saying the transactions were only tests and not meant for buying or selling.
Still the moves looked suspicious and WLFI team decided to put his wallet on the blacklist.
The incident wasnāt the only story lately.
Justin Sun has also been linked to manipulations with the $XPL token on Hyperliquid.
A whale with the wallet address 0xb9c***6801e deposited 16M USDC into Hyperliquid.
In just about 2 minutes, $15.2M worth of $XPL was bought, pushing the price from $0.6 to $1.8.
After that, he began selling XPL at around $1.55ā$1.60, locking in about $14Mā$16M USDC profit in just one hour.
Sun later posted an āapology,ā but the move triggered a cascade of liquidations.
Meanwhile, Justin Sun took his profit and disappeared.
That's wrap for now.
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