Justin Sun Reschedules Lunch With Warren Buffet Due To Health Issues – Alleged Investigation Involving Money Laundering And Drugs Surfaces
This week, Justin Sun was supposed to go to the famous lunch with Warren Buffet.
The Tron Foundation said that Sun is postponing this event due to a painful health issue.
We were reporting just recently that one more important name who will be joining Sun at the lunch has been added to the list of people who can join him: eToro CEO Yoni Assia.
The lunch was scheduled for this week, for July 25 and more colleagues in the crypto space including Litecoin’s Charlie Lee and Circle CEO Jeremy Allaire will also join the event.
Anyway, here’s the Tron Foundation’s tweet which says that Sun is suffering from kidney stones and has to postpone the meeting:
TRON Foundation announces postponement of Warren Buffett lunch, press conferences after founder Justin Sun falls ill with kidney stones. Parties agreed to reschedule at a later date. @GLIDEsf @WarrenBuffett
— TRON Foundation (@Tronfoundation) July 22, 2019
This did not look good in the community especially considered that following the announcement, TRX dropped in price. You can check out the comments under the tweet.
Justin Sun, investigated for illegal fundraising and more
But According to another article written by The Daily Hodl something else surfaces.
It seems that Sun has been blocked from leaving China.
They cited the China-based news outlet Caixin and the US-based outlet ChainDD and say that even if Sun is not faced with any charges at the moment, “but a local internet finance risks regulator is recommending Sun be investigated for illegal fundraising, money laundering, prostitution, and drug-related issues.”
ChainDD also reported the following:
“Recently, Office of the National Internet Financial Risk Rehabilitation Group has suggested that the public security organization to investigate Justin Sun’s suspicions of illegal fund-raising, money laundering, prostitution and drug-related issues.”
ChainDD continues: “The last trip abroad of Justin Sun was on July 1, 2019.”
Sun denied accusations.
Justin Sun just hosted a livestream on Periscope
He said that he is not feeling that well, and he has to get better following a kidney health-related problem that he battled.
— Justin Sun (@justinsuntron) July 23, 2019
He also said that the meeting with Warren Buffet is still on, but he just had to postpone it.
Ex-Google engineer, Charlie Lee is the creator of Litecoin and MD of the Litecoin Foundation. Previously Director of Engineering at Coinbase, Lee now focuses full-time on Litecoin. To enhance fungibility and privacy of LTC, integration of MimbleWimble has begun, however Lee has recently announced a crowdfunding launch to fund the development.
Founder of TRON (TRX)
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.