The rumors were true: Justin Sun is the giga-whale behind the top TRUMP memecoin wallet.
After weeks of speculation, the Tron founder confirmed on X that he’s the top holder of the TRUMP token—netting him an invite to former President Donald Trump's exclusive dinner for memecoin whales. The event, set for May 22 at Trump’s golf club near D.C., is part of a campaign reward for the top 220 TRUMP token holders. But the real flex? Being in the top 25 means Sun gets the full VIP treatment: a private reception, a Mar-a-Lago tour, and yes, a seat at Trump’s dinner table.
Sun disclosed that his wallet (labeled “Sun” on the TRUMP leaderboard) holds ~$19 million in TRUMP tokens, bought around $13.20 each. That alone makes him the largest memecoin whale in Trump’s orbit. The kicker? This isn’t even his first rodeo. Sun has reportedly dropped a staggering $75 million into World Liberty Financial—Trump’s crypto venture backed by his three sons—making him both a top investor and an adviser.
This is on top of a $30M allocation he made shortly after the 2024 election, raising more than a few eyebrows in both crypto and political circles.
“I plan to talk crypto, network, and discuss the future of the industry,” Sun posted—though we’re guessing “future of the industry” has a lot to do with regulatory heat and insider memecoin plays.
Sun is still technically under scrutiny from the U.S. SEC for his alleged “unregistered offerings” and shady TRX trading practices. But in a curious twist, the case was paused just weeks after Trump returned to the White House and installed a new acting SEC chair.
Coincidence? D.C. lawmakers aren’t convinced.
Senator Elizabeth Warren took to Bloomberg, calling the whole thing “corruption in plain sight,” slamming the GENIUS Act—Congress’s latest stablecoin bill—for leaving loopholes wide open for crypto whales to buy political influence.
Meanwhile, Rep. Glenn Ivey grilled the SEC about why Sun’s case was suddenly mothballed and whether his Trump token ties had anything to do with it.
Trump’s exclusive dinner for TRUMP token whales has officially become the IRL event of the season for the crypto elite—basically a who’s who of on-chain power players looking to tap into the Trumpverse.
Here’s a peek at the confirmed guestlist so far:
Naturally, all attendees are undergoing background checks before the big day because nothing says “on-chain” like off-chain KYC for a memecoin dinner.
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