Cryptocurrencies
Buffett Lunch Mystery Deepens as His Crypto Entrepreneur Date Apologizes
- Chinese entrepreneur Justin Sun cites excessive promotion
- Sun’s Tron cryptocurrency has dropped about 16% this week
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Chinese cryptocurrency entrepreneur Justin Sun, who cited health issues in postponing his charity lunch with Warren Buffett this week, issued a broad apology to just about everyone for touting the plan to dine with one of America’s richest people, noting it raised concerns among authorities.
In a lengthy post on Weibo, Sun, who turns 29 this month, said he acted immaturely and set a bad example for the public while “excessively” promoting the event. “It has produced a lot of consequences that I completely did not expect,” he said, without elaborating on what they were.