Justin Sun wins Sina: Sina publicly apologizes and deletes infringing content

In 2025, Justin Sun finally ushered in an important victory - after years of reputation infringement with Sina, he defended the truth as the winner. This not only made Justin Sun himself famous, but also once again broke the misunderstanding and prejudice of the industry, giving people the opportunity to remove "colored glasses" and re-examine the infinite potential of the crypto world.

A belated justice: Justin Sun wins Sina

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

This is not an ordinary lawsuit, but a just act of a person surrounded by rumors and tearing open the shady stories with facts and persistence.

* Image screened from HE Justin Sun Twitter

Since 2022, in the past three years, Justin Sun has been carrying countless false accusations - "suspected insider trading, the IRS has launched an investigation, avoiding ICO ban, fraud, money laundering, up to 25 years in prison, and cashing out $180 million"... This is largely due to the fuel of leading Internet giants like Sina. They borrowed the power of traffic and public opinion to portray Justin Sun as a "controversial figure", which has greatly affected the public's perception of the crypto industry.

Rumors spread everywhere and the truth was covered up. Justin Sun did not retreat or remain silent. He chose to use the law as a weapon to confront prejudice and lies head-on. Now, when Sina bows her head and admits her mistakes and the compensation falls into his account, this not only means his personal victory, but also reveals a declaration of the times: the truth will eventually pierce the fig leaf of rumors, and justice will only be late and never be absent!

Justin Sun wrote on X with a loud voice: " No matter how many rumors are, no matter how extensive they are, they can repeat ten thousand times, but they will never be able to resist the truth in the end! " This cry resonates with all those who have been misunderstood and slandered. He told us with persistence: the prejudice in people's hearts is a mountain, but tenacity and facts are enough to knock this mountain down.

Moving forward in misunderstanding: Justin Sun’s dream building road

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A man who was almost controversially chased and never stopped.

Looking back on the past few years, hasn’t Sun Yuchen also been walking alone against the wind? Some people say he hype, some people say he speculates, but how many people have seen how he turns his dreams into reality step by step amid doubts?

• Tron TRON: From the questioning of "air coin" to the gorgeous turn of 290 million users

Some people first met Justin Sun from Forbes' list of "30 Chinese entrepreneurs under 30". More people really know him, most likely, it started when Tron was questioned as a "air coin" to cut leeks.

At that time (August 2017), Tron ICO completed the fundraising of about 400 million yuan. Just when he was about to make a big fuss, he caught up with the "Correspondence Circle 9.4" and "disappeared" in the domestic crypto community. Soon, Tron was caught in a white paper plagiarism storm, and even Vitalik, who was regarded as a god at the time, ended up fighting.

In this way, disappearing, running away, cashing out, plagiarizing, air coins... Justin Sun and his Tron were swept by the whirlpool of public opinion and presented to the public in a bizarre way.

But the other side of questioning and ridicule is that Tron has been advancing rapidly, which is beyond the expectations of many people. The "air project" that people once called is becoming "reliable" in a surprising way.

Data shows that as of the end of February, the total number of Tron TRON accounts exceeded 290 million, the daily trading volume hit new highs, and the total locked position exceeded US$20.6 billion, making it one of the most active blockchain networks in the world.

If Justin Sun only wants to "hype" and "cut leeks", why is Trophy's market value growing steadily and the application ecosystem continues to expand?

• Buffett Charity Lunch: A Traditional and Emerging Unexpected Confrontation

When Justin Sun posted a message to celebrate his victory in Sina, the comments showed a joke that "Yuchen Sun born in the 1990s did not play with the old man in the 1990s." Even after 6 years, the prejudice still exists.

"If the dispute is a ticket to crypto civilization, I would like to be a martyr in the industry." As the 29-year-old said when he took Buffett's lunch, " I really didn't expect it to be so popular. I did a lot of intense things when I was young, just to get the world's attention; when I grew up, I did some plain things just to make the world need them."

When Buffett accepted the phone with the built-in Tron wallet, the temple of value investment had quietly cracked.

The Omaha prophet, who once judged Bitcoin by "the square of rat poison", may not have expected that his controlling Nubank would become the largest crypto-asset custodial bank in Latin America in two years. The two value systems complete the first quantum entanglement amid the clinking glasses between steak and red wine.

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So, when this $4.56 million lunch was recorded in the history of business, its true value had long surpassed personal honor and disgrace. It is like a prism, reflecting the collision between the digital economic revolution and the traditional value system, the reconciliation of the intergenerational cognitive gap, and the running-in between technological idealism and the real world.

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

• From rumors to Huobi 's new life: Justin Sun is not a fool

Since Justin Sun entered Huobi, the controversy has never stopped. People are used to looking at him with tinted glasses. Even if things that are ordinary on other exchanges are infinitely magnified when they come to him, and there is constant controversy.

In March 2023, due to extreme market conditions, the platform currency $HT at that time plummeted; in November of the same year, Huobi was attacked by hackers and lost $30 million; due to the shortage of Defilama data, it fell into unprovoked FUD... Although Huobi handled it properly one by one, rumors still spread, such as "Brother Sun gave up Huobi and ran away", "Huobi harvesting big players", "misappropriate user assets", etc., and even more, some established "Destroy Sun DAO" to attack Justin Sun.

To this end, Huobi has released Merkel tree asset certificates for several months, showed off her transcripts, and used data to prove that Huobi wants long-term stability.

In fact, as a global consultant for Huobi HTX and a core supporter of HTX DAO, Justin Sun has promoted a number of user welfare policies. For example: abandon $HT to solve the problem of rat trading left over from history; support $HTX to launch more compliant exchanges to expand application scenarios; return power to the community, and start the road of decentralized governance; "Golden Dog Plan" and "Sun Ge Yanxuan" recruit high-quality assets to create a wealth effect.

Not only that, Sun Yuchen has always regarded the security issue that the exchange values ​​the most. "Top Leader Project" and "Always maintain awe and always learn" is his most basic requirement for himself.

He knew very well that he wanted to build a "century-old store" in the currency circle.

• Banana: Build a bridge between the public and the crypto ecology

If Buffett's lunch is a civilizational signal flare launched by digital natives to the Old Continent, then Justin Sun's "sky-high banana" resonates with the art, crypto community and the general public.

In 2019, the banana, named "Comedian", was sold at Sotheby's for $120,000 and sparked heated discussions on social media. Even Musk was playing this banana meme at that time:

* Image screened from Elon Musk Twitter

Nowadays, "hype, money laundering, absurdity"... all kinds of doubts and criticisms are coming one after another. People don't understand why anyone spends $6.2 million to buy a banana?

In Sun Yuchen's view, this banana stuck to the wall symbolizes the aesthetics of the crypto community. "This is not just a work of art, it represents a cultural phenomenon that builds a bridge between art, Meme and the cryptocurrency community. I believe this work will spark more thinking and discussion in the future and will become a part of history."

The $6.2 million banana is expensive, but it is like a lever that leverages the global focus on the crypto world. When Justin Sun ate this "most expensive banana", the meaning is no longer what he gave Meme, but that he has become a Meme himself, allowing more people to see and understand the Web3 world he lives in.

History has proved that the popularization of any disruptive innovation requires a difficult journey from "demonization" to "disenchantment". From the founding of Space in 2002 to changing the history of commercial space, Musk has been able to take off the label of Wall Street as a "technology madman". Therefore, the referee of success or failure is never hiding behind the screen, 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, and give the pathfinder the courage to travel through controversy with a tolerance. After all, on the road to the future, there must be someone who will step into the unknown river first.

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

Back to today, Justin Sun is still active at the forefront of the crypto industry, and every move of his movement affects the market nerves.

During the Hong Kong Consensus Conference, a photo of Justin Sun showing his fatigue was widely circulated in the community. Someone secretly wondered: "I don't know who said that Brother Sun has been in love recently." Some people also joked: "At first glance, this expression shows that Ethereum has lost its position." Unfounded speculation spread all over the world and became a projection of market sentiment. However, according to insiders, Brother Sun was already feeling unwell before attending the meeting and was wearing a down jacket before going on stage of the speech. In order to live up to the support and trust of users, we have participated in several events one after another and continuously output insights.

* Images are cut from Twitter

We seem to forget that before becoming "Yuchen Sun", he was just an ordinary person, he would get sick, tired, and think about the way forward late at night. But later, he chose a path that few people walked, so all his emotions were amplified, all his fatigue was interpreted, and even silence became the material for rumors.

But he is horizontal and he is horizontal and the bright moon shines on the river. Justin Sun had already turned around and threw himself into the next new high ground in his career.

With an investment of $75 million, Justin Sun became the largest shareholder of World Liberty Financial (WLFI), a Trump family crypto project, and was appointed as an advisor. Such a big deal is his belief in decentralized finance. He was vigorous at the intersection of politics and finance, showing the world the global influence of a Chinese face.

Justin Sun's ambitions have never stopped, and those controversies may be the fuel for his future.

From the Abyss to the Peak: A Monologue of an Idealist

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When he was besieged by rumors, he still chose to move forward with his head held high; when he was misunderstood, he still spoke with his grades. Therefore, this victory is the best response to all rumors. Even though the road is long, it is coming. He once sighed: "Changing prejudices is harder than building an empire." However, he always maintained his initial enthusiasm and vitality, and proved himself to be naturally in harmony with encryption from a forward-looking perspective: he is born with an anti-authoritative and decentralized spiritual core.

However, what is more important behind winning the case is that Justin Sun not only corrected himself, but also won respect for the entire crypto industry.

Since its inception, the blockchain industry has been misunderstood and controversial. Some people regard it as a breeding ground for speculation, while others question the reliability of its technology. Justin Sun's victory undoubtedly made the industry a point clear. He spent a few years declaring to the world: We are not speculators of wild growth, but dream builders of the times! Sina's official apology also reminds the media: In the information age, any unverified smear will come at a price.