Justin Sun's ambition has never ceased; those controversies may very well be the fuel propelling him toward the future.

In 2025, Justin Sun finally achieved a significant victory—after years of battling a defamation lawsuit against Sina, he defended the truth as the victor. This not only vindicated Sun himself but also shattered the misunderstandings and biases within the industry, giving people the opportunity to remove their "colored glasses" and reassess the limitless potential of the crypto world.

A Delayed Justice: Justin Sun Wins Against Sina

On December 31, 2024, the Beijing Internet Court ruled in favor of Justin Sun in his lawsuit against Sina Finance for defamation. On February 26 of this year, Sina chose not to appeal, deleted the infringing content, publicly apologized, and compensated Justin Sun 31,338 yuan.

This was not an ordinary lawsuit, but a righteous act by someone besieged by rumors, tearing through the darkness with facts and persistence.

* Image captured from H.E. Justin Sun's Twitter

Since 2022, for three years, Justin Sun has borne countless unfounded accusations—“suspected insider trading, the IRS has launched an investigation, evading the ICO ban, fraud, money laundering, facing up to 25 years in prison, previously cashing out $180 million”… Much of this stemmed from the amplification by internet giants like Sina, who used the power of traffic and public opinion to portray Justin Sun as a "controversial figure," significantly influencing public perception of the crypto industry.

With rumors rampant and the truth obscured, Justin Sun did not back down or remain silent. He chose to wield the law as a weapon, confronting prejudice and lies head-on. Now, as Sina bows its head in apology and the compensation lands in his account, it signifies not only his personal victory but also reveals a declaration of an era: the truth will ultimately pierce through the veil of rumors, and justice may be delayed, but it is never absent!

Justin Sun emphatically wrote on X: “No matter how many rumors there are, how widespread they are, repeating them a thousand times cannot compare to the truth that will eventually reach the heart!” This shout resonates with all those who have been misunderstood and slandered. He tells us through his persistence: the prejudices in people's hearts are like a mountain, but resilience and facts are enough to bring that mountain crashing down.

Moving Forward Amid Misunderstanding: Justin Sun's Dream-Building Journey

* Image sourced from the internet, please contact for removal if infringing

A person almost perpetually chased by controversy has never stopped.

Looking back over the past few years, has Justin Sun not been walking against the wind? Some say he is just seeking publicity, others say he is speculative, but how many have seen how he has turned doubts into reality step by step?

• TRON: From "Air Coin" Doubts to a Glamorous Turn with 290 Million Users

Some may have first known Justin Sun from Forbes' "30 Under 30 Entrepreneurs in China." More likely, they truly recognized him when TRON was questioned as an "air coin" that was cutting down investors.

At that time (August 2017), TRON completed an ICO raising about 400 million yuan, just as it was about to make a big move, it "disappeared" from the domestic crypto community due to the "9.4 incident" in the coin circle. Soon after, TRON was embroiled in a white paper plagiarism scandal, and even the revered Vitalik joined the fray.

Thus, disappearing, running away, cashing out, plagiarism, air coin… Justin Sun and his TRON were swept up in a whirlpool of public opinion, presented to the public in a bizarre manner.

But on the other side of the doubts and ridicule, TRON was making remarkable progress, exceeding many people's expectations. What was once referred to as an "air project" was becoming "reliable" in a surprising way.

Data shows that as of the end of February, the total number of TRON accounts surpassed 290 million, daily trading volume repeatedly hit new highs, and total locked value exceeded $20.6 billion, making it one of the most active blockchain networks globally.

If Justin Sun was only about "hype" and "cutting down investors," why has TRON's market value steadily increased and its application ecosystem continued to expand?

• Buffett Charity Lunch: An Unexpected Clash of Tradition and Innovation

When Justin Sun posted to celebrate his victory over Sina, comments included jests like "the 90s kid Justin Sun didn't toy with the 90-year-old." Even after six years, the mountain of prejudice still exists.

“If controversy is the ticket to enter the crypto civilization, I am willing to be the martyr of the industry.” Just as he said when he won the lunch with Buffett, “I never expected it to be so popular. I did many extreme things when I was young just to get the world’s attention; now I do some mundane things just to make the world need me.”

When Buffett accepted the phone with a built-in TRON wallet, the temple of value investing quietly cracked open a gap.

The Omaha oracle, who once judged Bitcoin as "rat poison squared," perhaps did not anticipate that his controlled Nubank would become the largest crypto asset custodian bank in Latin America two years later. The two value systems completed their first quantum entanglement amid the clinking of steak and wine glasses.

* Image sourced from the internet, please contact for removal if infringing

Thus, when this $4.56 million lunch entered the annals of business history, its true value had long surpassed personal honor and disgrace. It serves as a prism, reflecting the collision of the digital economy revolution with traditional value systems, the reconciliation of generational cognitive gaps, and the integration of technological idealism with the real world.

At that time, perhaps we were not criticizing Justin Sun, but rather the world that was being reconstructed by blockchain yet was not ready.

• From the Siege of Rumors to Huobi's New Birth: Justin Sun Doesn't Play Games

Since Justin Sun entered Huobi, controversies have never ceased. People have become accustomed to viewing him through colored glasses; even ordinary matters at other exchanges are magnified infinitely when it comes to him, leading to constant disputes.

In March 2023, due to extreme market conditions, the platform token $HT plummeted; in November of the same year, Huobi suffered a hacker attack, losing $30 million; due to data shortages from Defillama, it fell into unwarranted FUD… Despite Huobi handling these issues properly, rumors still ran rampant, such as “Sun has abandoned Huobi and run away,” “Huobi is harvesting big accounts,” “misappropriating user assets,” and even the establishment of “Anti-Sun DAO” aimed at attacking Justin Sun.

In response, Huobi showcased Merkle tree asset proofs for several months, presenting performance reports to demonstrate its desire for long-term stability.

In fact, as a global advisor for Huobi HTX and a core supporter of HTX DAO, Justin Sun has promoted several user welfare policies. For example: abandoning $HT to resolve historical issues of insider trading; supporting $HTX to be listed on more compliant exchanges to expand application scenarios; returning power to the community and initiating a path toward decentralized governance; the “Golden Dog Plan” and “Sun's Select” gathering quality assets to create a wealth effect.

Moreover, regarding the security issues that exchanges prioritize, Justin Sun has always treated it as a “top priority project,” with “always maintaining a sense of awe and learning at all times” being his most basic requirement.

He is well aware that he wants to create a “century-old store” in the crypto circle.

• Banana: Bridging the Public to the Crypto Ecosystem

If Buffett's lunch was a civilizational signal fired by digital natives to the old continent, then Justin Sun's “expensive banana” resonated across art, the crypto community, and the general public.

In 2019, a banana then named “Comedian” was sold at Sotheby’s for $120,000, sparking heated discussions on social media. Even Musk was playing with the banana meme at the time:

* Image captured from Elon Musk's Twitter

Today, various criticisms such as “hype, money laundering, absurdity” have also come pouring in, with people unable to understand why someone would spend $6.2 million on a banana.

In Justin Sun's view, this banana stuck to the wall symbolizes the aesthetic of the crypto community. “This is not just a piece of art; it represents a cultural phenomenon, bridging the gap between art, memes, and the cryptocurrency community. I believe this work will provoke more thought and discussion in the future and will become a part of history.”

The $6.2 million banana is indeed expensive, but it acts like a lever, prying open global attention toward the crypto world. When Justin Sun ate this “most expensive banana,” the significance was no longer what he attributed to the meme, but rather that he himself had become a meme, allowing more people to see and recognize the Web3 world he inhabits.

History has shown that the popularization of any disruptive innovation must undergo a difficult journey from "demonization" to "disenchantment." Musk founded Space in 2002, and it took nearly 20 years to shed the label of “tech madman” from Wall Street. Therefore, the judges of success or failure are never you and I hiding behind screens, but the market and the law.

In today's irreversible wave of digitalization, all we can do is let the bullets fly for a while, with an inclusive heart, giving explorers the courage to traverse controversies. After all, on the road to the future, someone must be the first to step into the unknown river.

Ambition, Controversy, and the Future: Justin Sun's New Battlefield

Returning to today, Justin Sun remains active at the forefront of the crypto industry, with every move he makes stirring the market's nerves.

During the Hong Kong Consensus Conference, a photo of a visibly fatigued Justin Sun circulated widely in the community. Some speculated, “I wonder who said it, Justin has recently broken up.” Others joked, “Just looking at this expression, Ethereum must have crashed.” Baseless speculations spread like wildfire, reflecting market sentiment. However, insiders revealed that Justin was already unwell before the conference, even wearing a down jacket before his speech. Yet, in order not to disappoint the support and trust of users, he continued to participate in several events, consistently sharing his insights.

* Image captured from Twitter

We seem to forget that before becoming “Justin Sun,” he was just an ordinary person, capable of falling ill, feeling fatigued, and contemplating the future late at night. It’s just that later, he chose a path less traveled, and thus all emotions were magnified, all fatigue interpreted, and even silence became material for rumors.

But he remains steadfast, as the bright moon shines over the great river. Justin Sun has already turned to the next new height of his career.

Investing $75 million, Justin Sun has become the largest shareholder of the Trump family's crypto project World Liberty Financial (WLFI) and has been appointed as an advisor. Such a significant investment reflects his faith in decentralized finance. He wields influence at the intersection of politics and finance, showcasing the global impact of a Chinese face to the world.

Justin Sun's ambition has never ceased; those controversies may very well be the fuel propelling him toward the future.

From Abyss to Summit: A Monologue of an Idealist

* Image sourced from the internet, please contact for removal if infringing

When besieged by rumors, he still chooses to move forward with his head held high; when misunderstood, he continues to let his achievements speak for themselves. Therefore, this victory is the best response to all the rumors; though the road is long, progress will be made. He once lamented, “Changing prejudices is harder than building an empire.” However, he has always maintained his initial passion and vigor, repeatedly proving that he is inherently aligned with crypto through a forward-looking perspective: born with a spirit core of anti-authority and decentralization.

Moreover, more importantly than the victory itself, Justin Sun not only vindicated himself but also earned respect for the entire crypto industry.

Since its inception, the blockchain industry has been plagued by misunderstandings and controversies. Some view it as a breeding ground for speculation, while others question the reliability of its technology. Justin Sun's victory undoubtedly adds a point of legitimacy to the industry. He has spent years declaring to the world: We are not barbaric speculators; we are the dream builders of our time! Sina's formal apology also serves as a reminder to the media: In the information age, any unverified smear will come at a cost.

Justin Sun's story is far from over. This victory will be a new starting point for his legendary chapter.

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