Justin Sun is allegedly being held by Chinese authorities [UPDATED]

Justin Sun is allegedly being held by Chinese authorities [UPDATED]
фото показано с : cryptoslate.com

2019-7-24 21:03

According to a report by Caixin, a Chinese media outlet, the CEO and founder of TRON Justin Sun is under border control for accusations that have yet to be confirmed.

Update @ 11:39 am Pacific time: Justin Sun has confirmed via Twitter he is now in San Francisco.

Bay bridge is beautiful. Me and our comms guy AKA bodyguard. #TRON pic.twitter.com/ujj2FEkN3K

— Justin Sun (@justinsuntron) July 23, 2019

The 21st Century Business Herald published an article earlier today claiming that Sun had been accused of alleged pornography-related transactions in his Peiwo account, fundraising, and gambling in mainland China.

Since then, the young entrepreneur denied all the accusations made by the 21st Century Business Herald via his Weibo account.

“The illegal fundraise accusation is wrong. Tron complied with regulators and refunded investors on Sept. 20 in 2017, immediately after the order [of a ban on initial coin offerings] from seven ministries in China,” Sun stated. “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.”

Sun also commented that Peiwo collaborates with regulators and implements KYC and AML laws to ensure positive content and that the TRON Foundation opposes the unlawful use of its protocol in regards to the gambling attributions.

Related: TRON founder Justin Sun cancels lunch with Warren Buffett due to health complications

Despite refusing all the allegations, Sun did not comment on his whereabouts, but mentioned that he is “all safe” and that the recent report by Caixin was also “completely untrue.” Sun promised to meet the outside world once his health condition recovers.

It is worth noting that over the years, Caixin has been proved to be a very reliable source on reporting crypto-related news in China. It has a strong background and was one of the first sources reporting the previous PBoC exchange crackdowns and ICO ban.

Over the last 24hrs, TRON market valuation plummeted over 20 percent which could be linked to the TRON Foundation announced that the lunch with Warren Buffett will be postponed and the news coming from the different Chinese media outlets.

The post Justin Sun is allegedly being held by Chinese authorities [UPDATED] appeared first on CryptoSlate.

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sun justin chinese confirmed updated being allegedly

Источник: cryptoslate.com

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Фото:

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2019-7-24 20:52


Justin Sun Rejects Chinese Media Smear of a Greedy Lying Criminal

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2019-7-23 18:30


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Justin Sun has graduated. Amidst the Libra-hangover that the entire industry is still dealing with, an important event has slipped away from the limelight. The much-talked about lunch between the digital asset industry’s master marketeer, Tron’s Justin Sun, and Berkshire Hathaway’s Warren Buffett is on the horizon, and the guest list has another name.

2019-7-19 10:30


Tron’s Justin Sun is Trending, Witnessing a Massive Surge in His Online Presence and Popularity

As many of our regular readers may recall, Justin Sun recently came into the global media spotlight when he bagged a $4.5 mln lunch with investment guru ‘Warren Buffett’. Since successfully bidding for the above-mentioned charity dinner with Buffet, Sun’s mainstream media exposure seems to have skyrocketed almost overnight. A couple of days back, Justin […]

2019-6-6 17:58


Tron’s [TRX] Justin Sun a good example of ‘fake it till you make it,’ says Samson Mow

Justin Sun, CEO and Founder of Tron Foundation, was the subject of discussion on the latest episode of Magical Crypto Friends. Riccardo Spagni, the lead maintainer of Monero, Charlie Lee, the creator of Litecoin, WhalePanda, a Bitcoin influencer, and Samson Mow, the CSO of Blockstream, discussed the failed Tesla giveaway and Justin Sun’s keynote at […] The post Tron’s [TRX] Justin Sun a good example of ‘fake it till you make it,’ says Samson Mow appeared first on AMBCrypto.

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