Justin Sun’s $30 Million Investment Gives Trump’s Crypto Project New Life

With this purchase, Sun now holds the majority of the Ethereum ETH $1,589.19 -based WLFI tokens currently available.

Initially, WLFI set out to raise $300 million through token sales. However, with slow demand, that goal was slashed by 90%, bringing the target down to $30 million. Even with the lower goal, sales had only reached a little over $20 million—until Sun’s big purchase changed everything.

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Sun’s investment pushed WLFI past the $30 million mark, officially ending the token sale, as stated in a filing with the US Securities and Exchange Commission (SEC).

According to the project’s white paper, contributors like President-elect Donald Trump would only receive earnings after the project raised $30 million to cover expenses.

Now that the goal has been met, a Delaware company tied to Trump will receive 75% of the extra revenue from token sales beyond the initial $30 million. This means Trump’s entity stands to gain $15 million from Sun’s investment alone.

Meanwhile, Sun was quick to connect his investment to Trump. He posted on X, “The US is becoming the blockchain hub, and Bitcoin BTC $61,598.80 owes it to Donald Trump!”

Justin Sun isn’t just making waves in crypto—he’s grabbing attention in the art world, too. His latest $6 million art purchase comes with a wild twist. What did Sun do to grab everyone’s attention? Read the full story.