Topic: TRON Dumps as CEO “Locked Down” in China Ahead of Warren Buffett Lunch (Read 273 times)
July 27, 2019, 04:41:14 AM
The dump was bound to happen, the whole thing appeared to be arranged with the hype around the lunch a lot of persons but into Tron. Personally I do not subscribe to such fundamentals, as a trader, I stick to Technicals and would not fall for such trap
July 27, 2019, 04:38:04 AM
Maybe he wants to use this meal to promote his image and Tron. But things probably didn't work out like he wanted, it was counterproductive.
July 27, 2019, 04:28:30 AM
Justin Sun says he would be returning to work fully in the near future and additionally, he released a picture showing that he is not even in China at the moment, it might just be propaganda, let's wait and see, the future will tell.
July 27, 2019, 04:03:58 AM
Justin Sun is like the Asian Version of Carlos Matos and his Tron is the Bitconnect 2.0. Justin is going to drag the crypto so bad in the future if he is not still get imprisoned asap with all his shady activities. I pity those who worship him and his tokens because their journey will end up no good in the future and exiting out early is the best way they can do before Justin the scammer do.
July 27, 2019, 03:51:44 AM
Tron actually made a statement that the meeting with warren buffet will not be canceled but only will be postponed. Plus, Justin has been dealing with kidney stones for the past few days so he hasn't been able to do anything and that is why he will not be going to the lunch with warren buffet.
So, there is two possibility about all of this, either Justin is actually sick and that is why he will not be taking the lunch with warren buffet or that is just a guise to hide the fact that he is in big trouble. I try to see this as the first one because if it was a legal case there would be a court date and we would know what he is guilty of and will be questioned for but there is none and that is why I doubt that is the real one, he is probably sick at some hospital trying to deal with his kidney stones
So, there is two possibility about all of this, either Justin is actually sick and that is why he will not be taking the lunch with warren buffet or that is just a guise to hide the fact that he is in big trouble. I try to see this as the first one because if it was a legal case there would be a court date and we would know what he is guilty of and will be questioned for but there is none and that is why I doubt that is the real one, he is probably sick at some hospital trying to deal with his kidney stones
July 24, 2019, 05:19:19 PM
I don't like and I don't trust either believe Justen sun don't forget that he faked a giveaway so this guy is not trusted and i think he will end up with 20 years in jail (not this time ) for manipulation and fraud and remember this
btw I didn't lose money cuz trx or something like this to say this
btw I didn't lose money cuz trx or something like this to say this
July 24, 2019, 11:49:54 AM
How's he locked up and still tweeting? there is another news of him posting picture from San Francisco which won't be possible if he was in China. it doesn't add up. Tron sure took a hit, but it has rebounded since.
July 24, 2019, 11:42:11 AM
I can't still believe this news to be true else how could Justin be preparing for Warren Buffett meet up with other top cryptocurrency personalities when he has been placed under house arrest by China government and a case yet to be settled. Makes no sense to me
July 24, 2019, 11:31:44 AM
This is just another manipulations at its peak, by the way Tron did not dump in price it's just a normal corrections and it had rebound the whales are doing the manipulations very well
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July 24, 2019, 11:21:55 AM
There are different variants of stories as to why TRX dumped lately. Some say Justin Sun was ill with kidney stones as tweeted by TRON foundation, now this thread says he was involved in illegal stuff. I think Justin was not involved in the illegal activity.
It is already stated that he's "Locked Down" the kidney stones is just a rumour while this one already stated on many various media.Whether or not he's involved in an illegal activity we don't really know because I personally don't expect such information to be revealed.
July 24, 2019, 11:18:35 AM
There are different variants of stories as to why TRX dumped lately. Some say Justin Sun was ill with kidney stones as tweeted by TRON foundation, now this thread says he was involved in illegal stuff. I think Justin was not involved in the illegal activity.
July 24, 2019, 11:11:23 AM
I hope this news does not greatly affect the project, since it is really good. We are waiting for Justin's speedy recovery. Since the project is working very well, I think it is waiting for the growth rate in any case, even if there is more bad news.
July 24, 2019, 10:58:50 AM
maybe this article is good to read my friend
and you will know the fact about Tron CEO
https://cointelegraph.com/news/tron-price-plunges-as-justin-sun-denies-money-laundering-accusations
Months later, Justin Sun might make a deal for dinner with Warren Buffet, then TRON will be pumped again. I am kidding, but through this joke, I would like to point out that J. Sun simply want to make fake lunch in order to boost TRON for his own interests. There is nothing to do with Buffet and crypto, includes TRON. W. Buffet repeatedly states that he does not consider bitcoin and blockchain is future of financial market.and you will know the fact about Tron CEO
https://cointelegraph.com/news/tron-price-plunges-as-justin-sun-denies-money-laundering-accusations
The leaves don't moved unless there's a wind. There are some real concerns back in China which has made Justin Sun to fled for a moment.
I don't know why this particular person and his token gets this type of attention. He seems like to be a failed businessmen in my perception.
And Tron being a one man project of this person, would fail with his failure.
July 24, 2019, 10:54:22 AM
maybe this article is good to read my friend
and you will know the fact about Tron CEO
https://cointelegraph.com/news/tron-price-plunges-as-justin-sun-denies-money-laundering-accusations
Months later, Justin Sun might make a deal for dinner with Warren Buffet, then TRON will be pumped again. I am kidding, but through this joke, I would like to point out that J. Sun simply want to make fake lunch in order to boost TRON for his own interests. There is nothing to do with Buffet and crypto, includes TRON. W. Buffet repeatedly states that he does not consider bitcoin and blockchain is future of financial market. and you will know the fact about Tron CEO
https://cointelegraph.com/news/tron-price-plunges-as-justin-sun-denies-money-laundering-accusations
July 24, 2019, 08:57:23 AM
I have seen this news. Is it a fake news or a real news? Nobody can really trust anything. Price of TRON did get dumped, but it rebounded after. Cryptocurrencies prices are easily manipulated as there is no rules.
maybe this article is good to read my friend
and you will know the fact about Tron CEO
https://cointelegraph.com/news/tron-price-plunges-as-justin-sun-denies-money-laundering-accusations
July 24, 2019, 08:35:36 AM
I have seen this news. Is it a fake news or a real news? Nobody can really trust anything. Price of TRON did get dumped, but it rebounded after. Cryptocurrencies prices are easily manipulated as there is no rules.
July 24, 2019, 08:34:11 AM
I'm looking at the price of Tron and there's really no massive dump right now, it's actually hard to see if there is really dump of Tronbecause all the coins right now are down like Bitcoin, we'll see in a couple of days if this news if verified will have an impact on the price of Tron.
July 24, 2019, 08:24:06 AM
the fact that tron bullshit and justin scammer can get away this long with such bullshit is sad and funny at the same time.
makes a fucking mockery of crypto!!
makes a fucking mockery of crypto!!
July 24, 2019, 08:21:00 AM
Strange, I don’t buy into this at all!
Kidney Stones in this current age is no big deal….. Something else was the reason
China will the next reason. Kidney Stones in this current age is no big deal….. Something else was the reason
Im feeling glad i have dumped all of the shitty tron coin. Maybe he was eating tofu every day and that makes him gets kidney stone. for me, that guy was full with a lot of jokes and marketing gimmick.
July 24, 2019, 07:37:38 AM
I really feel this turn out well to be some drama in the industry but just a bad situation as Warren is aiming to be convince by the crypto worlds and the main player in the game is having such issue at theoment for glory , when we are all he to know which is which and willing to know what happen next as the game is on now for better or the other way round.
July 24, 2019, 07:25:31 AM
When news come from China you need to be cautious since journalists often get lost in translation and thins are not really as they say, but in any case, this is what happens when the reputation of a project is linked to a single person.
July 24, 2019, 07:09:49 AM
Another mystery has just been started by this Justin Sun of person. I hate controversial character when piloting a public enterprise. He said he was sick and this report speaks of indictment. What do we believe and Tron experienced some losses.
July 24, 2019, 06:46:02 AM
It seems to me that yesterday's news is all planned action, fud news was specially prepared to provoke a drop in the price of TRX and make money on it.
July 24, 2019, 06:42:50 AM
That is just a rumor. The truth is that Justin Sun is in the United States. And he has livestream to prove it is true. But after those rumors, TRON dropped 20% in just a few hours, really scared of this market
Any factual timestamp when he did the livestream?
I still can't believe that people in this market are so easy to fool that they could led to believe eating with Buffet could bring some new big things for their project. Like, come on, you should throw that $4 million to development fund instead of doing some crappy happy meal.
July 24, 2019, 06:08:40 AM
Tron owners are just abusing the name of the companies they bought to get people like Warren Buffet involved and they are faking the story to pump their shitcoin up. and that is what happens eventually to everyone who does this, their token gets dumped hard.
things like his arrest are just making the process faster.
things like his arrest are just making the process faster.
July 24, 2019, 06:04:55 AM
Couldn't verify about the accusations made on this post about Mr. Sun but what's in my knowledge is Tron is getting into some trouble as many of it's prominent members are leaving the team. Tron is still in it's early stages of development and losing some of the prominent minds behind it would surely hinder it's roadmap.
July 24, 2019, 06:04:50 AM
This is a big turn of events Sun is having big media mileage together with his Tron and that meeting that was postponed could turn out big although I doubt it, now he is being locked down I guess the story about gall stone is not true at all, he senses that the authorities are coming for him and he himself postponed it, we'll wait for the next drama and confirmation about this.
July 24, 2019, 06:02:44 AM
Lol, probably to do with paying $4.6 Million 
So is he going to go to hospital or jail?
So is he going to go to hospital or jail? July 24, 2019, 05:59:49 AM
Why I am thinking that this is purely to get people’s attention?
First cancelling the lunch and now this Lock down thing. Too much drama to believe in
First cancelling the lunch and now this Lock down thing. Too much drama to believe in
July 24, 2019, 05:59:09 AM
Yeah I heard about that news yesterday, but I cannot understand why the price has fallen so much. It in normal that China is fighting against crypto currencies, but to have such a drop in price is not understandable for me.
July 24, 2019, 05:55:48 AM
WOW, this continues to go into snow balling.
July 24, 2019, 05:51:37 AM
Strange, I don’t buy into this at all!
Kidney Stones in this current age is no big deal….. Something else was the reason
Kidney Stones in this current age is no big deal….. Something else was the reason
July 24, 2019, 05:46:40 AM
I seriously got no clue how it really is turning out. I was keen to see how Buffett reacts to do with his past statement about Cryptos. But all gone
July 24, 2019, 05:35:02 AM
After Tron’s founder, Justin Sun, canceled his much-anticipated charity lunch with the Wall Street giant, Warren Buffett, misfortunes have come knocking. A Chinese media outlet, 21st Century Business Herald, has reported that Sun was involved in an illegal fundraising scheme in China.
According to the media outlet, Sun conducted unregistered gambling services that were meant for the Chinese market. Additionally, the Tron founder was accused of promoting prohibited pornographic content through porn transaction facilitation, which is banned in China.
Sun is stationed in China
As per the report:
Quote
“THE REPORTERS OF THE 21ST CENTURY BUSINESS HERALD HAVE LEARNED FROM VARIOUS SOURCES THAT SUN IS STILL IN THE TERRITORY [CHINA]. ON THE CANCELLATION OF THE APPOINTMENT [LUNCH WITH BUFFETT], THERE ARE STILL SEVERAL QUESTIONS TO BE ANSWERED.”
The question on why Justin Sun canceled his lunch with Buffett still hovers in the cryptocurrency community after so much hype. However, as noted by Business Herald, Sun was unable to leave China after the damning accusations. Sun took to social media explaining that the lunch date cancellation was due to sudden health issue; kidney stones.
On his side, Sun said that the allegations are entirely fabricated since Tron operates from Singapore and not China. Unfortunately, in his response, Sun never mentioned his current physical location. In his Weibo account, Justin said:
Quote
“THE ILLEGAL FUNDRAISE ACCUSATION IS WRONG. TRON COMPILED WITH REGULATORS AND REFUNDED INVESTORS ON SEPTEMBER 20, 2017. [THIS WAS] IMMEDIATELY AFTER THE ORDER OF A BAN ON ICOS FROM SEVEN MINISTRIES IN CHINA. …THE TRON FOUNDATION IS BASED IN SINGAPORE IN COMPLIANCE WITH LOCAL REGULATIONS AND LAWS …AND DOES NOT INVOLVE ANY FLOW OF CAPITAL, OR ANY CRYPTO OR FIAT CURRENCY ONRAMP.”
Justin ‘allowed’ victims to be defrauded
In the recent past, Sun was accused by victims of a Chinese Ponzi scheme for being silent when they were defrauded in his name. For context, in the Chinese market, Tron is known as ‘Wave Field’, and the scammers used ‘Wave Field Super Community.’ It later abruptly closed shop with investors being scammed more than 30 million US dollars. Additionally, one of the victims committed suicide.
A Twitter user said:
Quote
“A GROUP WAS USING A DERIVATIVE OF TRON’S CHINESE NAME TO CONDUCT A PONZI TYPE OF SCAM, WHICH MANY TRON ENTHUSIASTS FELL FOR LOSING MILLIONS. ONE VICTIM COMMITTED SUICIDE. VICTIMS ARE BLAMING TRON & JUSTIN SUN FOR NOT CONFIRMING WHETHER THE GROUP WAS WORKING WITH TRON.”
To further smear Sun in the world of illegal activities, Sun warned Chinese investors they should be extra careful to avoid being lured by schemes using Tron’s name. However, he did not explicitly mention any such schemes. One day after the warning, Wave Field Super Community evaporated into thin air.
Source of the Article: https://www.reddit.com/r/CryptoCurrency/comments/cguvf4/tron_dumps_as_ceo_locked_down_in_china_ahead_of/
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