TRON founder Justin Sun said Forbes and Bloomberg reduce the value of his cryptocurrency holdings by 70% to 80% when calculating his net worth, citing concentration, volatility and the difficulty of treating digital assets as certain or bankable. Forbes estimates Sun’s fortune at $8.5 billion, although the records give conflicting global rankings of 411th and 444th. Sun said the discounted portion represents his strongest investment conviction after keeping most of his personal assets in crypto for 14 years. TRON’s TRX trades near $0.33, ranking eighth by market value at roughly $31.4 billion, making its price a major driver of Sun’s balance sheet. The debate comes amid scrutiny of Sun’s businesses, including questions about Binance’s HTX restrictions, a potential settlement involving the UK Financial Conduct Authority, a World Liberty lawsuit and a $50 million dispute. His corporate TRX treasury exceeded 711 million tokens in August. Earlier, Sun cited HTX proof-of-reserves data, TRON-based USDT circulation above $94 billion, roughly $9 billion of WBTC reserves against 116,499 WBTC in circulation, and approximately $1.5 billion of USDD supply as on-chain indicators, while an attributed address requested the withdrawal of 5,000 ETH from Lido.