Cryptocurrencies

Even a Dubious Warren Buffett Can’t Stop This Crypto-World Casino Czar

  • Early Bitcoin believer is building his own blockchain empire
  • Tron CEO hasn’t shied from controversy in consolidating power
Justin Sun in Hong Kong on May 8.Photographer: Calvin Sit/Bloomberg
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When Justin Sun met Warren Buffett for dinner in January, he wasn’t seeking advice on stocks. The crypto mogul had spent a record $4.6 million at a charity auction for the opportunity to lecture the world’s most famous investor on the benefits of Bitcoin.

It was exactly the sort of behavior that Sun’s known for -- abrasive, ostentatious and, ultimately, impossible to ignore. Like the $200 billion crypto industry itself, he is young and hungry for the respect of traditional financiers like Buffett, who deems Bitcoin basically worthless.