Tron CEO Justin Sun Surfaces, DENIES ‘Completely Untrue’ Rumors

TRON, Justin Sun, China, Cryptocurrency

Tron CEO Justin Sun surfaced on Weibo to DENY Caixin's report, which claims Chinese authorities have barred him from leaving the country. | Source: Twitter/Justin Sun

Tron CEO Justin Sun has finally emerged to deny allegations that he is on the lam and not, as he said yesterday, suffering from kidney stones.

Do Chinese Cops Want You or Not, Justin Sun?

Caixin, a Chinese financial publication, earlier reported that a government panel had reviewed Sun’s business activities – between his social app Peiwo and the establishment/funding of the Tron Foundation – and suggested that authorities wanted to detain Sun.

Reportedly, Justin Sun’s name appears on a government “exit ban” list in China, the equivalent of the USA’s “no-fly list.”

Tron Founder: “I Am Safe”

Sun insists he is fine, but Tron’s price has been tanking all the same.

In his pithy post on Weibo, a Chinese social networking giant, Sun said:

“I am fine. When the condition recovers, I will meet the outside world and let everyone [not] worry.”

Tron CEO Justin Sun denies Caixin Report
“The report of is completely untrue. I am safe. When the condition recovers, I will meet the outside world and let everyone worry.” -Justin Sun / from Weibo / Google Translate

The Block cites anonymous sources to report that Justin Sun is, in fact, in San Francisco. Sun’s location has not been publicly known for a few weeks now. He was scheduled to have lunch with billionaire Warren Buffett on Thursday, for which Sun forked over more than $4.5 million in a charity auction. That lunch has since been suspended.

Meanwhile, as reported earlier Tuesday, unconfirmed sources claim that the “Tronfluencer” event will still be happening on Thursday in San Francisco – without participation from Justin Sun or Warren Buffett.

Last modified: March 4, 2021 2:38 PM
P. H. Madore has written for CCN since 2014. Please send breaking news tips or requests for an investigation to [email protected] He lives in Maine, USA. A single father of four young children, he does not discourage financial donations, provided they do not come with strings attached.
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