Unconfirmed: Justin Sun Charged with Money Laundering, ‘Kidney Stones’ Is Excuse to Avoid Lunch with Buffett

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Tue, 07/23/2019 - 08:16
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Yuri Molchan
The Tron CEO Justin Sun has rescheduled his lunch with Warren Buffett due to ‘kidney stones’ but a Weibo source says it is far from true
Unconfirmed: Justin Sun Charged with Money Laundering, ‘Kidney Stones’ Is Excuse to Avoid Lunch with Buffett
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Earlier this morning, the Tron founder Justin Sun had postponed the date of his lunch with the world’s investment guru Warren Buffett over suddenly discovered kidney stones. 

That happened just a couple of days before the event that the whole crypto industry has been looking forward to.

However, a Twitter user says that Justin Sun seems to have been dishonest with the crypto industry not only now (with the sudden ‘kidney stones’ diagnosis) but all the way through since Tron started operating.

As per the @PandaofBinance, Chinese authorities have forbidden Sun to leave the country and are charging him with money laundering, use of Ponzi schemes, etc. An investigation is currently underway.

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The price of TRX has responded to the news by dropping almost 14 percent on CoinMarketcap and is currently the worst performing coin on the top twenty list.

Tron Price 07/23/19
Image by CoinMarketCap

 

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.