Here's your Forbes Daily Briefing for Saturday, April 5th.

Today on Forbes, meet the crypto billionaire who helped the Trumps make $400 million.

Chinese blockchain entrepreneur Justin Sun's admiration of Donald Trump began in middle school,

while he was living in Wei Zhou, a city of six million in China's

Guangdong province, just north of Hong Kong. Sun's teacher encouraged his class to watch American

television to learn vernacular English, so Sun tapped peer-to-peer file shareer BitTorrent, a service

that years later he would own, and began downloading reruns of The Apprentice.

The precocious son says he was captivated by the American tycoon's lessons in cut-throat competition,

showmanship, and of course, ego, anathema in a society steeped in the principles of

Confucianism and Chinese socialism. But it was the early 2000s,

and the reforms set in place by Deng Xiaoping had opened China to capitalism,

especially in booming Shenzhen, which borders Wei Zhou.

Sun says, quote,

it was natural for the apprentice to become popular in China.

So it felt like fate, perhaps now a four-letter word for opportunism,

that Sun heard late last year that the Trump family's crypto venture,

World Liberty Financial, or WLF, was faltering,

despite the fact that the patriarch, listed as the company's chief crypto advocate,

had just been elected president of the United States. World Liberty was going to be another decentralized

finance platform, of which there are hundreds already, but it offered no equity, lacked

credible management, and its tokens would be illiquid. The fact that the Trumps could have easily self-financed the $30 million

needed to launch, but chose against it, underscored why no one else wanted to either.

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