Cryptocurrency

Eric Trump to Justin Sun

Trusted editorial Content, reviewed by leading industry experts and experienced editors. Advertising disclosure

Eric Trump reportedly insisted that he had no formal contact with Tron’s Nasdaq listing plan even though he was appointed as an advisor to the company that handled the deal.

His remarks come after a little chat about the overlapping of politics and encryption. He called Justin Sun “a good friend and an idol in the cryptocurrency space”, but he insisted that he was not “publicly involved.”

Trump family crypto contact

Eric Trump and his brother Donald Trump Jr. both sit on the Dominari Securities Advisory Board. According to reports, U.S. President Donald Trump launched $57 million from his NFT and Trump tokens earlier this year.

The Trump camp also has links to world free finance, which reviews the lack of clear disclosure. These connections have some observers wondering if the last name and political influence are being used to open the door in cryptocurrencies.

Reverse Merge Details

Dominari Securities is dealing with $210 million in stock related to Tron’s reverse merger with SRM Entertainment. SRM announced that it had received $100 million in equity investment from unnamed private supporters the same day it revealed plans to rename itself Tron Inc. on the same day.

This move allows Tron to skip traditional IPOs and immediately on the Nasdaq list by using SRM’s existing state. The new company will hold and invest in cryptocurrencies, while TRX tokens will rank its Treasury Department.

Currently, the total cap for cryptocurrencies is $32.22 trillion. Chart: TradingView

Issues about impact

The fact that Dominari’s office is at Trump Tower adds another floor to the story. People are asking whether political tie can be tilted and built behind closed doors.

According to reports, many believe Eric Trump’s denial is a careful wording designed to lift him out of the official spotlight while still allowing private gains. No public records show him in the transaction’s documents, but his role on the advisory board makes it difficult for him to completely ignore him.

Justin Sun’s strategy

Justin Sun has been working hard. He joined a private encrypted dinner hosted by U.S. President Donald Trump. He also bought a $75 million stake in World Free Finance in 2024, and he reportedly caused the SEC to suspend its investigation into him and the Tron Foundation.

Featured images from Getty Images, charts from TradingView

Editing process For Bitcoin experts, focus on thorough research, accurate and impartial content. We adhere to strict procurement standards and each page is diligently evaluated by our top technical experts and experienced editorial team. This process ensures the integrity, relevance and value of our content to our readers.



Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button