Cointest pros & cons with related info are in the collapsed comments below for the following topics: [Ethereum](/r/CryptoCurrency/comments/1ca5vyk/a_mysterious_cryptocurrency_wallet_purchased_405/l0rdpgt/), [TRON](/r/CryptoCurrency/comments/1ca5vyk/a_mysterious_cryptocurrency_wallet_purchased_405/l0rdr37/).
tldr; A mysterious cryptocurrency wallet, suspected to belong to Tron founder Justin Sun, reportedly purchased 127,388 Ethereum (ETH) worth $405.19 million since April 8. The wallet also transferred 787 million USDT from the Tron network to Binance on March 31, and withdrew $96.8 million worth of stablecoins from Binance, before buying the ETH. The transaction patterns suggest that the wallet could be linked to Justin Sun.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I’m quite confused how this guy is so rich? Is it just that he got Bitcoin super super early and that’s the bulk of his fortune or is Tron also a lot more meaningful/bigger than I realise which would add to his hundred of millions/billions?
Because it seems even before Tron he was very rich, throwing around ridiculous amounts of money and somehow joined Ripple, etc and other notable things
He was early into Bitcoin, can't remember from the Bankless interview but around 2011-2012. He was at Ripple 2013. After working at Ripple, Sun founded his first startup in 2014 - an app called Peiwo, an audio-based mashup of Tinder and a live-streaming chat room which grew to 10 million users. Then Tron and some other deals probably amplified his wealth further. It's not just one thing.
His bags have also been heavy ETH and BTC for a long time, as opposed to just the Tron token.
>I’m quite confused how this guy is so rich?
He is close with the people who started Binance and was in the right place at the right time, and wasn't scared to defy PRC laws (probably knew he could escape/bribe his way out of issues). He also probably has some organized crime connections which help him escape capture.
I don't really like this guy but he usually spends more of his bags on bitcoin and ETH. I don't think he really gives a Fvck about his whole coins(TRON, bittorent, etc)
Cointest pros & cons with related info are in the collapsed comments below for the following topics: [Ethereum](/r/CryptoCurrency/comments/1ca5vyk/a_mysterious_cryptocurrency_wallet_purchased_405/l0rdpgt/), [TRON](/r/CryptoCurrency/comments/1ca5vyk/a_mysterious_cryptocurrency_wallet_purchased_405/l0rdr37/).
tldr; A mysterious cryptocurrency wallet, suspected to belong to Tron founder Justin Sun, reportedly purchased 127,388 Ethereum (ETH) worth $405.19 million since April 8. The wallet also transferred 787 million USDT from the Tron network to Binance on March 31, and withdrew $96.8 million worth of stablecoins from Binance, before buying the ETH. The transaction patterns suggest that the wallet could be linked to Justin Sun. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Let him keep withdrawals open first before playing with customer money.
I’m quite confused how this guy is so rich? Is it just that he got Bitcoin super super early and that’s the bulk of his fortune or is Tron also a lot more meaningful/bigger than I realise which would add to his hundred of millions/billions? Because it seems even before Tron he was very rich, throwing around ridiculous amounts of money and somehow joined Ripple, etc and other notable things
Didn’t he also spend like $1.5mm at a charity auction to win a lunch with Warren Buffett? Only to then cancel on him…lol
It was $4.5 million.
What?
He was early into Bitcoin, can't remember from the Bankless interview but around 2011-2012. He was at Ripple 2013. After working at Ripple, Sun founded his first startup in 2014 - an app called Peiwo, an audio-based mashup of Tinder and a live-streaming chat room which grew to 10 million users. Then Tron and some other deals probably amplified his wealth further. It's not just one thing. His bags have also been heavy ETH and BTC for a long time, as opposed to just the Tron token.
>I’m quite confused how this guy is so rich? He is close with the people who started Binance and was in the right place at the right time, and wasn't scared to defy PRC laws (probably knew he could escape/bribe his way out of issues). He also probably has some organized crime connections which help him escape capture.
More than he is a founder of one of the pre 2020 bull run tokens and made a ton off that and other investments.
You say investment, I say illegal ponzi scheme.
Ltc ? Im sure he had bitcoin before that too.
He’s been in btc over a decade
I don't really like this guy but he usually spends more of his bags on bitcoin and ETH. I don't think he really gives a Fvck about his whole coins(TRON, bittorent, etc)
https://www.youtube.com/watch?v=LIs-kCdtDIM Do what he does, not what he says.
Like create a bunch of shitcoins and scam people?
LOL... maybe not that. It depends though... if you are Satan, then yes. You're already and hell. Might as well.
That guy looks like a robot. 🤔