Copy link
Increase text size
Decrease text size
Link copied

Tron founder Justin Sun apologizes for over-marketing his lunch with Warren Buffet

Tron.Marco Verch/Flickr

Fri, 26 Jul 2019, 07:48 am UTC

The latest development in the ongoing narrative involving Warren Buffet, the Chinese government, the blockchain platform Tron, and Tron’s founder, Justin Sun, includes an apology regarding over-marketing of a lunch with the finance titan and the subsequent deletion of that apology.

For some context, Sun was meant to have lunch with Buffet but that had to be postponed after the Tron founder supposedly got sick. During the interim, he posted an apology on the Chinese social media network Weibo that addressed several topics. This post was then promptly deleted, but Cryptoslate managed to retain a copy of the contents.

Addressing the Tron community, Sun wrote: “Dear Friends, In the past few weeks, I had my darkest moment with sickness and tiredness. I suffered the biggest drama ever in my life from people’s doubting and questioning. I didn’t sleep all night yesterday, and deeply reflected on my memories and was introspective for my behavior and words—I felt ashamed for my over-marketing. I want to deeply apologize to the public, media, leaders, and the related regulatory authority who cared about me.”

Addressing the lunch with Buffet, the Tron founder wrote: “I bought the Warren Buffett lunch because I admire him a lot and I have a huge passion for charity. The original reasons are good and simple. I cannot deny that I also want to promote blockchain related business at the same time. However, because of my immature words, behavior, youth, and vigor, I spoke without thinking twice. It became a failing of over-marketing that was out of my control. It also generated an unexpected outcome for me. I ignored the responsibility of being a public figure. This was not my original intent.”

The post also addressed the matter of the Chinese authorities becoming annoyed at Sun, even referencing the media outlet Caixin, which reported that he was banned from foreign travel. In that segment, Sun said “I am sincere and fearful to communicate with Caixin.” This is largely seen as a way to appease authorities, Cointelegraph reports.

As of writing, there has been no explanation for why the post was deleted. It’s also worth noting that Tron’s token called TRX seems to have resumed downside, trading lower of the fifth straight session.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $8,865.24 (-0.55%)
  • Ethereum (ETH) $168.86 (-1.23%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $360.75 (+4.62%)
  • Bitcoin SV (BSV) $256.47 (-18.85%)
  • Bitcoin (BTC) $8,865.24 (-0.55%)
Jan 17, 2020 (Friday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto dealer SFOX announces new service for investors and wealth managers
Binance in talks with TaoTao and Z Corporation for strategic partnerships in Japan
Crypto Technicals: NEO/USD set to scale new highs, 200-DMA breakout confirms bullish trend
Crypto exchange Gemini launches own insurance company "Nakamoto"
eToro, Radar and OKCoin join Coinbase-led Crypto Rating Council
Huobi joins Blockchain Turkey Platform (BCTR)
U.S. authorities urged to investigate crypto use in funding domestic terrorism and extremism
Calibra, Anchorage, Bison Trails executives elected to Libra’s new technical steering committee
Crypto Technicals: LTC/USD bounces off 5-DMA support, eyes next major hurdle at 200-DMA (65.43)
U.S. lawmakers seek tax exemption for crypto transactions under $200
Former CFTC Chair launches Digital Dollar Project in partnership with Accenture
Crypto Technicals: ETH/USD resumes upside after brief pause, eyes 23.6% Fib at 174.83
Uzbekistan to launch national mining pool and licensed cryptocurrency exchange
Crypto Technicals: BTC/USD extends sideways below 200-DMA, bias bullish
Garanti BBVA conducts real-time blockchain transfers using Takasbank's BiGA Platform
Jan 16, 2020 (Thursday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Litecoin Foundation, BlockFi partner to bring more liquidity to users
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.