Tron blockchain founder Justin Sun has been elected as the Prime Minister of the micronation Liberland.
Justin Sun is the founder of Tron blockchain and several other cryptocurrency projects. He currently owns 3 to 4 major crypto trading platforms, including HTX (formerly Huobi Global) and Poloniex exchange. In the past, Justin disclosed that he was holding 28,000 BTC, valued at $1.97 billion at the current trade price of Bitcoin, in his HTX crypto account. This has led many to believe that Justin holds a significant amount of Bitcoin in his portfolio.
Recent reports from Liberland confirmed that Tron (TRX) founder Justin Sun has been elected as the Prime Minister of Liberland, a micronation between Croatia and Serbia, following its Oct. 5 elections.
Other elected members include entrepreneur Evan Luthra, journalist Jillian Godsi, former Croatian politician Ivan Pernar, and IT professional Dorian Stern Vukotić.
A spokesperson for Liberland clarified the election and voting system, stating: “The election process, governed by a simple set of rules, was entirely algorithmic, providing transparency. This system has a unique ability to eliminate doubt regarding election outcomes, a challenge faced by many countries still relying on traditional methods.”
Justin also shared his response to multiple questions about his success in becoming Prime Minister of a country.
He indirectly said that he will not act as a dictator but will set an example of how people can live freely with minimal government intervention with more comfort.
Tron coin price action
Following this news, trading activities around the Tron blockchain ecosystem surged rapidly. The current trade price of this cryptocurrency is $0.16, up 0.7% in the last 24 hours.
Read also: MicroStrategy aims to become a “Bitcoin Bank,” Saylor says
