September 01, 11:08
Justin Sun says he will never sell his crypto holdings
Richer Than Anyone Thinks? Why Justin Sun Will Never Cash Out His Crypto
Beincrypto
Justin Sun says he will never sell his crypto holdings. Sun says Forbes and Bloomberg discount those holdings by 70% to 80% when estimating his net worth. Sun says concentration and volatility drive that discount. TRON's TRX trades near $0.33 and ranks eighth by market value at roughly $31.4 billion. Sun has held most of his personal assets in crypto for 14 years. Advisers urged Sun to move assets into real estate, stocks, or cash. Sun calls those alternatives second-best assets. Sun cited Tesla in 2012, Bitcoin's early days, Nvidia in 2016, and storage chips in 2024 as examples of assets that rewarded holders who did not sell. Tron Inc.'s TRX treasury exceeded 711 million tokens in August. Sun sued Bloomberg in 2025 to stop it from publishing his holdings. Sun cited personal security risks in that lawsuit. Sun also answered questions about Binance's restrictions on HTX in August. His exchange moved closer to a settlement with the FCA, the UK's financial regulator. His finances drew fresh attention during his World Liberty lawsuit. Questions about Sun's personal spending resurfaced after a $50 million dispute became public.
This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.