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A Crypto Billionaire Who Feared Arrest in the U.S. Returns for Dinner With Trump

  • Crypto billionaire Justin Sun attended a private dinner on May 22, 2025, hosted by President Donald Trump at Trump National Golf Club near Washington, D.C.
  • The dinner honored the top 220 holders of Trump’s memecoin, a token launched just before his 2025 inauguration, and Sun is identified as the largest individual holder through a wallet linked to his crypto exchange HTX.
  • Sun's holdings include $14.6 million worth of TRUMP tokens through a Solana wallet linked to his crypto exchange HTX, and he has committed $75 million to a Trump-affiliated crypto project called World Liberty Financial, while also being the subject of a 2023 SEC lawsuit alleging market manipulation.
  • The TRUMP token has drawn criticism for its timing and allocations, trades at $14.64 with an 11% rise in 24 hours, and Sun said on social media he was “awarded” a Trump-branded $100,000 watch at the dinner.
  • The event suggests ongoing ties between Sun’s crypto ventures and Trump’s circle, while the SEC has reportedly paused charges potentially linked to Sun’s political connections amid growing scrutiny of the meme coin’s influence.
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Political Wire broke the news in New York, United States on Thursday, May 22, 2025.
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