Justin Sun Backs Trump’s Crypto Ambitions Amid Controversy Over Exclusive Investor Dinner

Justin Sun Backs Trump’s Crypto Ambitions Amid Controversy Over Exclusive Investor Dinner

TRON founder Justin Sun has publicly thrown his support behind Donald Trump’s bid to make the United States a global leader in blockchain and cryptocurrency. Sun’s endorsement comes after he attended an exclusive, high-profile dinner hosted at Trump National Golf Club in Virginia, where the former president met with top holders of his official meme coin.

In a post following the event, Sun declared that the Trump administration “recognizes America’s potential to become the hottest region for blockchain and crypto” and pledged to do “everything in [his] power” to support that vision.

The dinner, which reportedly included executives from major crypto firms such as BitMart, Delphi Digital, Magic Eden, and Wintermute, was billed as a gathering of the top 220 investors in Trump’s memecoin. Among them was Sun, who, according to The Wall Street Journal, holds approximately $23 million worth of the token.

While the gathering underscores growing ties between the crypto industry and Trump’s political brand, it has also ignited criticism — particularly over the optics and legality of the event.

Photos and video show Trump delivering his speech from a podium adorned with the presidential seal — a detail that has raised legal eyebrows. According to Forbes, legal experts point to Section 713 of Title 18 in the U.S. Code, which restricts the unauthorized use of the presidential seal in ways that might imply federal endorsement. Violations can result in fines or even jail time.

White House Press Secretary Karoline Leavitt attempted to defuse concerns, stating that Trump participated in the event “in his personal time” and that it was “not a White House dinner.” But that hasn't stopped both Democrats and Republicans from questioning the ethics of a sitting president benefiting directly from a private cryptocurrency project — one that appears to offer access in exchange for investment.

Critics argue this situation mirrors the very behavior Trump and his allies have spent years criticizing — specifically, their accusations that Hunter Biden profited by selling access to Joe Biden during his vice presidency. Those claims led to congressional inquiries, though no conclusive evidence of wrongdoing emerged.

“This is much bigger,” said Mehdi Hasan, editor-in-chief of Zeteo News. “Nothing Hunter Biden did comes even close to this level of open corruption.”

For Sun, who once steered clear of the U.S. due to legal scrutiny involving the TRON Foundation, his sudden embrace of Trump’s inner circle signals a strategic pivot — and possibly, a bet on a pro-crypto political future.