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Updated: Justin Sun Seeks to Reschedule Buffett Lunch, Says Tron's Director of Global Communications

  • Yuri Molchan
    📰 News

    Tron’s director on global communications stated that Justin Sun seeks to reschedule the meal with Warren Buffett; all guests for it have been found

Updated: Justin Sun Seeks to Reschedule Buffett Lunch, Says Tron's Director of Global Communications
Contents

This summer Justin Sun made a lot of hype around winning a charity lunch with the world-renowned investor Warren Buffett.

Among the guests, whose names were confirmed back then, was Litecoin’s founder Charlie Lee and the CEO of eToro Yoni Assia.

The Binance CEO Changpeng Zhao rejected Sun’s offer saying that San Francisco is too far to travel for him. The names of the other guests have not been revealed to the public yet.

Update:

In a letter to U.Today, Tron Foundation representative Cliff Edwards confirmed that the much-anticipated lunch with Warren Buffett is in the process of being rescheduled with the same guest list. However, he denied the part of the Business Insider report, which featured a rumor about Donald Trump being invited to the lunch.

Crucial lunch delayed over health issues

Earlier, U.Today reported that the head of Tron, Justin Sun, had to delay the lunch with one of the wealthiest men in the world due to the kidney stones Sun was suddenly diagnosed with.Back then, there were also reports that Justin Sun was banned from leaving China over an investigation of the local authorities regarding illegal businesses Sun was allegedly involved in.

Justin Sun seeks to meet Buffett after all

In a recent interview, Tron’s director on global communications, Cliff Edwards, mentioned that Justin Sun is eager to get the lunch eaten with Buffett after all and now he, Buffett and the other guests are negotiating a different time and day that would suit everyone.

U.Today has contacted Cliff Edwards for comments.

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Less of Justin Sun on Twitter now

In one of his Weibo posts that has now been removed, Sun said he would decrease his social media activity because there had been too much of it recently. He also offered apologies to the community for creating too much hype around every single thing to do with Tron.

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About the author

Yuri is a 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. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Crypto Crime: 21-Year-Old Australian Woman Faces 53 Charges for Laundering Stolen Funds with Cryptocurrency

  • Alex Dovbnya
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    Jasmine Vella-Arpaci, who was part of the major identity fraud ring, faces up to 53 charges after stealing millions of dollars

Crypto Crime: 21-Year-Old Australian Woman Faces 53 Charges for Laundering Stolen Funds with Cryptocurrency
Contents

On Sept. 17, Jasmine Vella-Arpaci, a 21-year-old woman from Australia, made her first court appearance after being accused of shipping millions of dollars with the help of crypto. The young mother has been charged with 53 counts of fraud and theft.

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"Crypto Wizard" Arrested for Taking Part in $16 Mln Cryptocurrency Scam

A multi-million identity fraud

According to the Australian Securities and Investments Commission (ASIC),.the group of criminals, whose members referred to themselves as “Team Awesome,” would purchase stolen sensitive information on the dark web to open fake bank accounts in Australia. The funds were stolen from superannuation accounts and share-trading accounts of the gang’s unsuspecting victims.

The money was then transferred money to their accomplice in Hong Kong to trade expensive jewelry before sending it back home via cryptocurrencies.

Cybersecurity threats such as data breaches and financial system attacks are a major concern for ASIC and we will continue to pursue not only cyber-related market and superannuation offending but also the need for institutions to maintain their obligations to ensure they have adequate cyber resilience, says ASIC deputy chair Daniel Crennan

The investigation into the major crime syndicate continues with further arrests expected.

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Canadian Police Shed Light on New Bitcoin ATM Scam

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Crypto scams on the rise

As reported by U.Today, cryptocurrencies scams have grown by more than 200 percent in Australia in 2018 with victims losing about $6.1 mln.

In 2019, this number could be easily topped. Back in July, an elderly couple lost a whopping 900,000 to an elaborate crypto scam, thus wasting all their retirement savings.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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