Crypto mogul Justin Sun, the top holder of Donald Trump’s meme coin ($Trump), was honored with a $100,000 Trump-branded watch during a high-profile dinner at Trump National Golf Club.
The event recognized the top 220 holders of the meme coin, with Sun receiving VIP treatment and exclusive gifts.
What Happened
On Thursday evening, President Donald Trump hosted a private dinner at his golf club just outside Washington, D.C., for the leading investors in his $Trump cryptocurrency.
Justin Sun, a billionaire known for his involvement in crypto ventures, was presented with a luxury Trump Tourbillon watch valued at $100,000 during the gathering.
The top 25 coin holders, including Sun, were granted exclusive access to a more intimate reception with Trump himself.
Key Details
- Event Location: Trump National Golf Club, near Washington, D.C.
- Main Guest: Justin Sun, identified as the No. 1 $Trump coin holder
- Gift Received: Trump Tourbillon watch, retailing at $100,000
- Event Purpose: To celebrate and reward the top 220 holders of the Trump meme coin
Sun publicly shared videos and photos from the evening, including a clip of him signing a leaderboard and mingling with fellow attendees.
Reactions or Statements
In a video reposted on X (formerly Twitter), Sun expressed his appreciation for Trump’s support of the crypto industry.
“I really appreciate everything the Trump administration has done to our industry,” Sun said.
“It’s impossible for us to have such beautiful events in D.C. without this support.”
Trump, addressing guests from behind a presidential-style podium, reinforced his backing for cryptocurrency.
Investigation or What’s Next
Sun has faced legal issues in the past. In 2023, the SEC charged him with fraud over alleged market manipulation involving his TRX token.
However, in February 2025, after Trump assumed office, the SEC paused its investigation into Sun.
Sun also holds ties to Trump-aligned crypto ventures. He previously invested $75 million in World Liberty Financial, a project linked to the Trump family.
While the White House claimed no involvement in the dinner, Sun posted footage of himself entering the Eisenhower Executive Office Building — prompting questions about who he met there.
FAQs
Who is Justin Sun?
Justin Sun is a billionaire crypto entrepreneur, best known for founding Tron and his involvement in high-value crypto-related stunts.
What is the $Trump coin?
It’s a meme-based cryptocurrency linked to Donald Trump and his affiliated business entities, with 80% controlled by the Trump Organization.
Did Trump attend the dinner?
Yes. Trump spoke at the event and greeted top token holders, including Justin Sun.
Is the White House connected to the dinner?
The White House stated it had no role in organizing the dinner, despite Sun posting a video from a federal building.
What’s the value of the Trump Tourbillon watch?
The watch gifted to Sun is reportedly worth $100,000.
Summary / Final Takeaway
Justin Sun’s presence and recognition at the Trump meme coin dinner highlight the growing intersection between politics and crypto.
While the event underscores Trump’s pivot to embrace digital assets, it also raises questions about transparency, influence, and ongoing legal scrutiny surrounding key figures in the crypto space.