Oh, Justin Sun. The man, the myth, the blockchain billionaire who somehow manages to stir up headlines wherever he goes.
This time, though, he’s not just making waves in the crypto world, he’s got a tiny self-proclaimed country correcting Forbes on basic geography.
Actually
Forbes recently published a feature on Sun, founder of TRON and Prime Minister of Liberland (yes, that’s a real thing), but made a little oopsie.
They claimed Liberland is in Croatia. Cue Liberland’s official X account, swooping in to clarify.
X“The territory of Liberland is not located in or claimed by Croatia.”
For a micronation trying to assert itself as legit, this kind of mix-up must sting. So let’s talk about Liberland for a second.
It’s a 7-square-kilometer strip of land wedged between Serbia and Croatia, the geopolitical equivalent of the forgotten fries at the bottom of your takeout bag.
Croatia insists it’s not nobody’s land, despite Liberland claiming it as theirs since 2015.
And while Croatia keeps sending border forces to disrupt any settlement attempts, Liberland went ahead and voted Sun as their Prime Minister last year. Bold move for a micronation that no other country recognizes.
Publicity is always good?
But back to Sun. Forbes painted him as a pure opportunist, copycat, and someone who loves a good publicity stunt, basically crypto’s answer to the Kardashians.
The article dives into his colorful history, from his crypto empire to his dealings with the Trump administration.
Oh, and let’s not forget his insistence on calling himself “His Excellency,” even though he lost his Grenadian ambassadorship back in 2022. Talk about holding onto old titles like they’re vintage vinyl records.
Forbes also took aim at Sun’s wealth claims, applying big discounts to his reported assets because they couldn’t verify much of it.
Still, they estimate his net worth at a cool $8.5 billion, give or take some creative accounting.
Shadows
And here’s where things get spicy, Sun refused to comment on allegations from the SEC about wash trading or Coinbase delisting wrapped Bitcoin allegedly controlled by him. It seems controversy follows him like a shadow.
And the cherry on top is that there’s a running joke that for crypto entrepreneurs being featured on Forbes’ cover is basically an express ticket to prison.
Just ask Sam Bankman-Fried or Elizabeth Holmes, both graced Forbes covers before their legal troubles blew up. Will Sun follow suit? That would be pretty surprising, isn’t it?
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