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The Two Faces of Justin Sun in Times of War in Ukraine -Breaking

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The Two Faces of Justin Sun during Times of War In Ukraine

The war is not a gray area, there are only blacks and whites. You must choose which side you will support. It is hypocrisy to stand on both ends.

But that doesn’t appear to be the case for Justin Sun, the extravagant billionaire and founder of Tron, who initially showed support for Ukraine, before later expressing hopes of stronger collaboration with Russia.

Hope of Airdrops Donated?

In the wake of Russian troops invading Ukraine on February 24th, businesses and millions of people worldwide united to help Ukraine fight back against Putin’s aggression.

International crypto communities joined in the effort to raise funds, donating more than $50 million to the Ukrainian government. They even created official crypto accounts to raise money and offered token airdrops for financial injections.

The plan was in place for nearly a week, during which the Tron community raised over $1.46 million in USDT, including Justin Sun’s personal initial $200K funds in support of the Ukrainian people.

But, the Ukrainians cancelled the plans to offer crypto donors free tokens. This was despite previous promises of making contributors airdrops. Justin Sun called the move unfair and asked Ukraine’s government to fix the donor exclusion:

Sun’s tweet immediately invoked criticism among the crypto community as other donors condemned the Tron founder’s expectation to get something in return from the country, which is heavily bombarded every day by the Russians.

Justin Sun attempted to justify himself by saying he was protecting the Tron community. However, other backers were not convinced and he eventually received disabled comments.

Russia expects business

The revelation that he had been supporting Ukraine while simultaneously expressing support was made later. However, the Chinese billionaire held business negotiations with Russia.

On the first days of March, Justin Sun shared a message on his Chinese Twitter (NYSE:) and Weibo (NASDAQ:) accounts, reporting on his video call with Russia’s representative to the World Trade Organization (WTO). The message, which Sun did not share with his English-speaking audience, stated that both sides discussed how blockchain could contribute to Russia’s development. Tron’s founder also expressed hopes for stronger collaboration with the country:

“In a video call with Russia’s (WTO) Ambassador Dmitry Lyakishev, we discussed how technology could be used for humanitarian cases for Russia’s development, such as the use of Blockchain tech to help citizens that don’t have access to the financial system. Hope to strengthen future cooperation with Russia!”

Rock Solid Friends

The democratic world has widely condemned Russia’s invasion and applied unprecedented economic and political sanctions against the aggressor country.

Accordingly, the International Criminal Court of Hague declared that it will open an inquiry into potential war crimes and crimes against humanity committed in Ukraine.

China, on the other side, has not condemned the invading Ukraine and instead referred to Russia, despite European wars. “The friendship between Beijing and Moscow is rock-solid, and both sides’ future cooperation prospects are very vast,” China’s Foreign Minister Wang Yi stated this week.

What You Need to Care About

China and Justin Sun might have different economic goals in the highly sanctioned Russian market. However, Sun’s double agent game in playing both sides is a dangerous prospect for the Tron community and its potential future investors. Investors may not be able to trust Justin Sun’s future actions. it’s widely known that a reputation is earned with trust, and trust is everything in business.

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