Justin Sun, crypto tycoon and founder of TRON, has done it again. After spending $6.2 million about the controversial work of Maurizio Cattelan Comedian – banana taped to the wall - he ate the banana to a packed press conference in Hong Kong. Yes, you read that right.
The banana, allegedly bought for less than $1 from a Manhattan fruit stand, was auctioned off at Sotheby's for millions, leaving the seller, Shah Alam, in tears after learning its fate. Sun promised to buy 100 000 bananas from the stand, promising to spread them around the world as a "celebration of art and everyday life." 🍌
✈️ At the event, Sun called Comedian "emblematic" a work of conceptual art, drawing parallels between it and NFT - valuable objects that often exist only as intellectual property online. Guests left with bananas and rolls of duct tape, souvenirs of a performance that will undoubtedly remain in the history of art (or in disgrace).
And here's this: the Sun compared the art of bananas with decentralized blockchain technology. A suitable analogy? Or stretching bananas? 🧐
Here's where it gets juicier: the Sun also revealed investment of 30 million dollars in a cryptocurrency project linked to Donald Trump's financial backers, while facing SEC charges for unregistered securities with its TRON project.
So...
A banana bought for $1 became art for $6.2 million.
✅ Sun spent $30 million on a Trump-related crypto project.
✅ Meanwhile, the SEC is still knocking on his door.
The question we can't help but ask: Is this high-concept art? An ingenious crypto flex? Or a clever way to transfer money? 🤔
Tell us what you think. Bananas 🍌 or glitter 💡? Or is there something More for disclosure here? 👀