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Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
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Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Report: Tron CEO Sun Denies Media Rumors, Claims He is “Safe”

Nick Chong
Nick Chong
6 years ago
1 min read

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Created by industry experts and meticulously reviewed
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Over the past day, the whole crypto community has been discussing Tron (TRX), namely its chief executive Justin Sun.

On Tuesday morning, Sun wrote in a message published to Twitter that he would be unable to attend a lunch with Warren Buffett due to kidney stones, which he claimed left him bed-ridden.

While the cryptocurrency entrepreneur seemed entirely serious, some questioned the veracity of his ailment, leaving many on forums online to speculate about what actually is going on.

Related Reading: Tron Dips 22% as Justin Sun Cancels Lunch with Warren Buffett

This hubbub eventually led to reports that certain Chinese authorities were placing Sun under investigation, and thus barred him from leaving Tron’s offices in Shanghai to fly to the Buffett rendezvous in San Francisco.

According to prominent Chinese cryptocurrency source CnLedger, however, Sun has since come out to vehemently deny the claims made by the Chinese media outlets.

Tron CEO is “Safe”

Per a roughly translated post published to Weibo just 30 minutes ago, Sun is “all safe”. The Tron founder purportedly added that the report from Caixin — which claimed that a special council on internet security accused him of money laundering, the propagation of sexual images, among other activities — is completely untrue.

Update: Justin Sun commented on Weibo saying he is "all safe", and Caixin's reports are "completely untrue". Sun promised to meet the outside world once his health condition recovers. However, there was no direct mention of the exit ban.

Source: https://t.co/wEeFOog4DB

— cnLedger (@cnLedger) July 23, 2019

In the post, Sun also purportedly noted that he is still being affected by the kidney stones, and is still waiting to “meet the outside world.” This corroborates the idea that Sun will not be able to make it to the much-ballyhooed charity lunch with Warren Buffett.

Update: Sun has since posted an image of him in San Francisco on Twitter.

Featured Image from Shutterstock
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Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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The highest standards in reporting and publishing
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