Chinese Billionaire Justin Sun Tops $TRUMP Dinner Guestlist | COINDESK DAILY
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 21 May 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the crypto industry as U.S. President Donald Trump’s memecoin VIP dinner is generating buzz.
U.S. President Donald Trump’s memecoin VIP dinner is generating buzz, Vivek Ramaswamy's Strive targets $8B worth of Mt. Gox bitcoin claims for a BTC reserve, and the SEC charges Unicorn with $100M securities fraud. CoinDesk's Christine Lee hosts "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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Transcript
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| 0:49.7 | Trump's meme coin VIP dinner is generating buzz, particularly the guest list. |
| 0:55.0 | It's Wednesday. May 21st, 2025. I'm Christine Lee. This is CoinDest Daily. |
| 1:00.0 | Chinese billionaire and Tron founder Justin's son has emerged as the top holder of the Trump meme coin with a near $22 million stake, securing an invitation to a private dinner and VIP reception with U.S. President Donald Trump at his Virginia golf club outside of Washington, D.C. |
| 1:22.6 | Sun's investment includes a $75 million commitment to World Liberty Financial, a Trump-backed defy platform. |
| 1:29.4 | SEC fraud charges against Sun were dropped in February, raising corruption concerns, |
| 1:34.0 | particularly access to the president's office by wealthy foreigners. |
| 1:37.8 | Vivek Ramaswami founded Strive Enterprises aims to acquire approximately 75,000 Bitcoins valued at |
| 1:44.1 | almost $8 billion from distressed Mount |
| 1:46.7 | Gok's bankruptcy claims. The goal is to build a discounted Bitcoin treasury ahead of a planned |
| 1:51.6 | reverse merger with NASDAQ listed asset entities. The strategy involves partnering with |
| 1:56.4 | 117 Castle Advisory Group to source and evaluate these claims, targeting long-term |
| 2:01.6 | outperformance of Bitcoin's price. |
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