Crypto mogul Justin Sun is — unsurprisingly — making another controversial investment decision, and this time, we wish it were just an overpriced fruit duct-taped to a wall.
Last Wednesday, July 9, the notorious buyer of Maurizio Cattelan’s “Comedian” (2019) announced that he is purchasing $100 million worth of President Donald Trump’s cryptocurrency token, $TRUMP. Already the largest holder of the so-called “meme coin” — a novelty coin with no intrinsic value — Sun boasted on X that the purchase underscores his “belief in collaborating across ecosystems to grow the crypto landscape.” Sun is the founder of Tron, a blockchain that recently added the Trump meme coin to its list of supported tokens.
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Justin Sun eating Maurizio Cattelan’s banana artwork on November 29, 2024, after buying the piece for $6.2 million (photo by Peter Parks/AFP via Getty Images)
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