Tron founder Justin Sun says Donald Trump’s DeFi project World Liberty Financial Wrapped Bitcoin $101,713.0 (WBTC) shared his views on investments. The project invested approximately $10 million during the WBTC price crash.
Criticism of WBTC and Coinbase
In his statement on the social media platform X, Sun emphasized the importance of real ownership in blockchain infrastructure. He criticized Coinbase’s (alleged) lack of a Proof of Reserves (PoR) system, saying, “If your keys are not yours, your coins are not yours either.”
“Without Coinbase’s PoR system, your BTC could be frozen or confiscated at any time. It is entirely at the discretion of Paul Grewal (Coinbase CLO). If he loves you, you are safe. If not? “The game is over.”
Sun stated that WBTC provides greater security and autonomy for national Bitcoin reserves. He also said that Trump’s investment in WBTC was a strategy against possible external control risks by prioritizing decentralization.
“WBTC has become the US national Bitcoin reserve in name. Is there any other president other than Donald Trump who buys Bitcoin on a daily basis? Trump, ‘the one and only Bitcoin president!’”
If we go back a little, since Justin Sun had a say in WBTC, Coinbase deemed this altcoin risky and delisted it. Justin Sun has always been a controversial figure in the cryptocurrency markets.
Donald Trump’s Bitcoin Purchases
Donald Trump’s World Liberty Financial project recently expanded its crypto portfolio. The project recently acquired 94.94 WBTC for $9.84 million. This purchase is part of the fund’s broader investment strategy over the past three days.
Following Trump’s massive investments in TRX, World Liberty Financial received 534.1 WBTC by spending approximately $56.82 million. The value of the investment decreased by $1.74 million, a three percent decrease.
Overall, the fund has traded Ethereum (ETH) in the last three days. 
$3,197.8Wrapped Bitcoin (WBTC), Tron (TRX), Aave (AAVE), Chainlink 
$24.2 It invested a total of $178.2 million in six underlying tokens, including (LINK) and ENA.
These developments reveal the Trump administration’s interest and strategic investments in cryptocurrency markets.
For investors, the autonomy and security advantages provided by WBTC stand out as an important factor in managing crypto reserves. Additionally, Trump’s large investments in crypto could have an impact on market dynamics.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
