Justin Sun's Legal Troubles and Involvement in the World Liberty Financial Crypto Scheme

Chinese crypto entrepreneur Justin Sun's legal troubles seem to be fading away as a federal judge has granted him a stay in the SEC's investigation. Sun, known for buying a $6.2 million banana duct-taped to a wall, was charged with manipulating the market and using his companies to wash trade securities. He also paid for celebrity endorsements without disclosure. The SEC charged eight celebrities in the scheme, including Lindsay Lohan, Jake Paul, Soulja Boy, and Lil Yachty. Sun invested $30 million in the President's World Liberty Financial (WLF) crypto scheme, leading to a big payout for Trump. Several celebrities agreed to settle with the SEC. Sun praised Trump for his success in cryptocurrency. The SEC and Sun's lawyers requested a stay in the case, which was granted by the Judge.

Banana Duct-Taped to Wall Sells for $6.2 Million at Auction

A banana duct-taped to a wall by artist Maurizio Cattelan sold for $6.2 million at a Sotheby's auction to crypto billionaire Justin Sun. The artist will not receive any part of the sale proceeds.

Conceptual Art: Maurizio Cattelan's 'Comedian'

A banana duct-taped to a wall by artist Maurizio Cattelan sold for $6.2 million at an auction in New York. The winning bid came from cryptocurrency entrepreneur Justin Sun. The piece, called Comedian, originally debuted in 2019 and attracted attention at Art Basel Miami Beach.