Fortune: Billionaire Justin Sun allegedly pushed CoinDesk’s new owners to remove banana article

Fortune: Billionaire Justin Sun allegedly pushed CoinDesk’s new owners to remove banana article

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The founder of the Tron blockchain, Justin Sun, reportedly pressured CoinDesk journalists to delete an article about an art piece – a banana – which he purchased for $6.2 million, according to Fortune.

In November, CoinDesk, one of the most prominent cryptocurrency news outlets, published an article detailing how Sun ate a banana from Maurizio Cattelan’s art piece “Comedian,” which he had previously acquired at a Sotheby’s auction. The article also mentioned Sun’s legal battle with the U.S. SEC and allegations that his lawyers had threatened lawsuits against media outlets reporting on the alleged use of the Tron blockchain for illegal financial activities.

Sun’s team criticized the article’s tone, prompting Bullish, the cryptocurrency exchange that owns CoinDesk, to demand the article’s removal. Bullish is a subsidiary of the crypto project BlockOne, which raised over $4 billion in 2018 for its EOS blockchain.

When Bullish acquired CoinDesk in 2023, it promised that the outlet would operate as an independent subsidiary and appointed Matt Murray, former editor-in-chief of The Wall Street Journal, as chair of the editorial board. According to Fortune’s sources, Murray resigned from CoinDesk on Monday.

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