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Justin Sun explains his motivations for establishing the "Justin Sun Prize," drawing a parallel to Alfred Nobel's legacy transformation through his prize. Sun states his wealth originates from blockchain, a field built on mathematical foundations like elliptic curve cryptography, which grants financial autonomy. He views the prize as a form of repayment to this field. He critiques the pacing of existing mathematical awards (e.g., Fields, Abel) as being out of sync with an era where AI accelerates proof discovery and verification. The Justin Sun Prize is designed for speed and transparency: awards are tied to specific, publicly listed problems, not individuals or schedules. A solved problem enters a "proven, pending formalization" state. The prize money is released only after the proof is fully verified by a machine, split between the prover and the formalizer who codes the proof for verification. Sun solely decides which problems are listed and their bounty; all subsequent verification and payout processes are automated and immutable via blockchain. Sun distinguishes his "taste" from Nobel's, stating he aims to reward the construction of rigorous, abstract "aerial kingdoms" of pure reasoning—like blockchain and AI—rather than practical, ground-level applications. He cites the success of former Peking University classmates who won the Fields Medal as inspiration, noting his own role is to financially support provers. The prize is named after him to ensure political neutrality and longevity, and to personally direct his wealth back into mathematics. He addresses potential controversies by asserting that the future award list will serve as the answer. The initial prize pool is locked on a public blockchain, with all proofs and payments permanently verifiable. Sun concludes by defining his role not as a mathematician, but as a funder who leaves the rest to proof.

Justin Sun, a prominent cryptocurrency entrepreneur, has announced the launch of the "Justin Sun Prize." This initiative promises a $1 million reward for solving 66 mathematical problems, with verified solutions to be paid in USDT or USDC stablecoins. In his announcement, Sun drew a comparison to the Nobel Prize, noting its founder's controversial reputation. However, Sun did not provide proof of the existence of the $66 million prize fund required for the rewards. He stated the wallet address would be made public for verification and that he could only add to, not withdraw from, the fund. This announcement comes amidst recent controversies surrounding Sun, including a scandal involving a failed surrogacy arrangement with actress Jing Tian and a lawsuit against the Trump family concerning frozen investments in World Liberty Financial worth $544 million. For observers of Sun's media and crypto ventures, the pattern of announcing high-profile initiatives without immediate substantiation is familiar. The situation currently presents a declared concept with attracted interest, but without a visible fund or tangible rewards.

On October 5, 2026, the Justin Sun Prize announced new recipients for contributions to solving Erdős problems: independent researcher Wouter van Doorn, Ph.D. student Quanyu Tang, and researcher Yanyang Li. Their collaborative work resolved multiple long-standing mathematical questions from a catalog of over 1,200 problems. Notably, they solved Erdős Problem #650, a project that exemplified human-AI collaboration, utilizing ChatGPT for proof strategy and the Aristotle AI system to assist in formal verification with the Lean software. Van Doorn also produced computer-checkable proofs for problems #369, #457, and #469, while Tang resolved #1044 and contributed to #1196. The prize emphasizes rigorous, verifiable proof and supports advances in mathematics, formal verification, and AI-assisted discovery. Awards are distributed in cryptocurrency.

Justin Sun, founder of TRON, has called on both U.S. Democrats and Republicans to collaborate on establishing unified regulations for the cryptocurrency market. Concurrently, market participants' attention was drawn to his now-deleted post about Poloniex, in which the entrepreneur joked that it is "the only exchange in the world that only the boss himself uses." This remark, made amidst SEC allegations against companies linked to Sun, has reignited discussions concerning the transparency and operational practices of cryptocurrency trading platforms.

Justin Sun, founder of Tron (TRX), has announced plans to launch tokenized stocks in the fourth quarter of 2026. Speaking at the Token2049 event in Singapore, Sun stated the initiative aims to facilitate Tron users' access to various high-quality financial assets, including U.S. Treasury bonds. The announcement outlines an expansion of the Tron ecosystem's integration with traditional financial assets. Sun emphasized that the project is not limited to stocks but is designed to broaden user access to multiple types of financial assets.