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  Suspected of illegal fund-raising, pornography, and gambling, how long can Justin Sun continue to market himself? Comprehensive Editor｜Yang Qian Headshot Photography｜Shi Xiaobing Justin Sun is surrounded by the spotlight again. Buffett suddenly claimed that he had a "kidney stone" and missed an appointment, then claimed that lunch was postponed； On the one hand, the media revealed that he had been detained at the border, and on the other hand, he continued to "clarify" that he was in San Francisco, USA. It is still unclear whether his body is really ill and where he is. But being able to create several hot search topics in one day and bring him countless traffic means that this popular "actor" in the venture capital circle is extraordinary. Sun Yuchen once had a high-profile chess game, and he labeled himself with gorgeous labels: He was born in Qinghai and studied in Huizhou to counterattack Peking University; handsome people should also study more to cut leeks as spokesperson; Khaleesi, the uncompromising person by the lakeside of Peking University; Zhang Ailing, who became famous as soon as possible, must be the spokesperson; the former China spokesperson of Ripple Coin, Coin The person who refused to withdraw his coins during the 94 crisis, known as the breaker of the shackles of Internet centralization, Jack Ma’s first post-90s disciple, the founder of Tron and BTT, the entrepreneur of blockchain marketing, the number one hot spot traffic king in the currency circle, the person who wants to get things done despite being infamy, Justin Sun on the GQ spotlight…… Relying on these labels, he gained paper wealth and topics that were incompatible with his age. He spent US$4,567,888 to buy the 20th Buffett Charity Lunch, which detonated the global media. Just when people were looking forward to what kind of dialogue he would have with Buffett, who has always been skeptical of Bitcoin, he once again gave surprising results. Is he out of control? Or has life stalled?  Live broadcast while sick, claiming Caixin report is untrue Justin Sun, who has been making waves in the currency circle, stirred up a lot of waves in the public opinion field yesterday. On July 24, Caixin reported that Justin Sun, the founder of the TRON Foundation and the man who photographed Warren Buffett’s lunch this year, has been placed under border control, and the Mutual Finance Regulation Office has recommended that the public security organs file a case against him. Tron currency fell by more than 12% within 24 hours. Early this morning, Justin Sun started a live broadcast on Twitter to prove that he was in San Francisco. During the live broadcast, he also said "Everything is ok" and "I'm feeling better". It can be seen from the picture that behind Sun Yuchen is the Oakland Bay Bridge (Bay Bridge), a landmark building in San Francisco. He also responded on Weibo, saying, "The Caixin report is completely untrue. I am fine and will meet with the outside world after my condition recovers and improves. ” And yesterday he actually "fooled" Buffett. In the early morning of July 23, Sun Yuchen announced on Weibo that he had canceled his lunch with Buffett due to kidney stones. According to the original plan, Sun Yuchen would have lunch with Buffett and seven invited guests at a Michelin three-star restaurant called Quince in Jackson Square in San Francisco two days later. Subsequently, the TRON Foundation announced that it would postpone the lunch meeting between Sun Yuchen and Buffett, and the parties agreed to reschedule the (lunch) time when their respective schedules can accommodate it. Screenshots of Sun's conversation that subsequently leaked showed that Sun said: "This wave has taught me a lesson to the entire financial world. Everyone thought I went to photograph lunch to attend lectures and make money. Wrong, I can make money without eating. ”In his life dictionary, "Making money is the most important thing. Everyone thinks that Buffett teaches me lessons during lunch, so I will teach Buffett a lesson before eating." Buffett instead became his foil and endorser. Involved in multiple crimes Behind the huge wealth that Justin Sun has accumulated is endless infamy and crime. Among its main businesses, Paiwo APP is suspected of pornographic trading； The Tron project is mainly gambling applications, and domestic users can directly access it. Spending US$4.56 million to have a meal with Buffett. Why is a "self-made" post-90s generation so generous? Where does the money come from? In a previous interview with self-media, Sun Yuchen said that the payment was made with the legitimate income of the Bittorrent company. Looking back on Justin Sun's journey to fortune, it was accomplished through hype. 2017 was the craziest time for ICO in the currency circle. The Tron project was launched in August 2017 and raised approximately 400 million yuan through ICO. But then on September 4, 2017, the chaos in the currency circle triggered strict regulatory policies from the central bank, requiring the suspension of various token issuance and financing activities. Organizations and individuals that have completed token issuance and financing should make arrangements such as liquidation and withdrawal. Sun Yuchen ran to the United States. He originally had a tough attitude and refused to return the coins, but later he was forced to withdraw the funds under pressure from various parties such as cooperative institutions. The TRX token, TRX, has grown from 1 cent to more than 1 yuan, and TRX has a total of 100 billion tokens, which makes the market value of Tron reach 100 billion levels. Justin Sun was proud of it, "It took Jack Ma 10 years to reach 100 billion, but it only took Justin Sun 4 months." In January 2018, Justin Sun converted the 6 billion tron in his hands into ETH and then into US dollars at a high level. Some insiders speculated that it exchanged 300 million US dollars and 2 billion yuan. This statement is difficult to confirm, but TRON plummeted 90% as a result. In an instant, countless retail investors were harvested. The projects currently run by Justin Sun are mainly the Peiwo APP and TRON projects. After photographing Buffett having lunch, Justin Sun said that the outside world misunderstood him because they did not understand the actual composition of his business. He said, “Only 5% of Tron’s business is located in mainland China, and Paiwo APP is legal and compliant. The remaining 95% of the business, TRON, the world's mainstream digital currency, has 3 million users, 500 DAPPs, and BitTorrent, the world's largest decentralized transmission network, with 1 billion installed machines and 100 million active users. They are all mainly located in more than 100 countries and regions around the world. Just because you can't see them doesn't mean they don't exist. ” However, is the Paiwo APP that Justin Sun is so proud of really legal and compliant? As early as June last year, Xinhua News Agency named Paiwo APP when investigating the spread of pornography on the live broadcast platform to the audio live broadcast platform. The anchor encourages listeners to reward and buy gifts for listening to provocative content. According to 21st Century Business Herald, the Peiwo APP has been removed from the App Store. Some netizens broke the news that Paiwo APP has been full of pornographic information and even paid pornographic escorts. It was not until after the announcement of lunch with Buffett that the pornographic content was removed. The latest news is that through the National Enterprise Credit Information Publicity System, it was found that the main company of Peiwo APP, "Guangzhou Peiwo Information Technology", is making a creditor announcement and plans to apply for deregistration due to the resolution to dissolve. In addition, among the TRON public chain projects, the "lottery" category occupies the vast majority of the top-ranked projects, and can be directly accessed domestically. It is a completely majestic online gambling website. Marketing expert Since announcing the successful bid for Buffett's lunch at a sky-high price of US$4.56 million (approximately RMB 31.42 million) on June 4, the controversial post-90s generation has made many hot searches for contracting: Wang Sicong, Sogou CEO Wang Xiaochuan, photographing Buffett's lunch, and refuting rumors that Buffett's lunch was cancelled. In February this year, Sun Yuchen announced on Weibo that he would spend 10 million to support Zhao Yu. Recently, he also said that he would spend 10 million to support Xpeng Motors' consumer rights protection, and invited US President Trump, who is not optimistic about Bitcoin, to attend Buffett's lunch. Don't miss any opportunity to make a splash. In late 2018, a recording of teacher Li Xiaolai was exposed. In the 60-minute recording, Li Xiaolai not only admitted that he was engaged in air coins and cutting leeks, but also emphasized that Sun Yuchen and his Tron were liars and deceivers. Instead, Justin Sun posted on Weibo to stir up the topic, saying that he was lying. Justin Sun, who photographed Buffett after having lunch, started to "rip apart" Wang Xiaochuan again: When we were recording a show together in 2014, "I will never forget the way he looked at the liar in his eyes. He said that I was a liar and would definitely fail. It was a shame to record a show with me. In the end, I couldn't even record it." Later, within three years, our company’s market value exceeded Sogou’s. In life, people who look down on you will spur you on more deeply. ” When Li Xiaolai's recording was leaked and he accused him of being a liar, Sun Yuchen posted: "I heard I was shot while lying down again."”； Wang Sicong commented on his bid for Buffett’s lunch in Moments, and Justin Sun took the initiative to post on his blog, “I heard Wang Sicong scolded me? ”This approach of proactively seeking scolding is even more confirmed in the GQ report: He has never concealed his strong desire for fame and wealth that far exceeds that of ordinary people. Wealth may be secondary, but be sure to get as much attention as possible. ……“I really can't stand loneliness. When I weigh whether to do something, whether it is hot or not is very important. Someone must listen to me. Even if you scold me? ” The "Buffett Lunch" that was auctioned became a huge billboard for Justin Sun for nearly two months. This is probably something Buffett himself did not expect. Now, when regulators have intervened, what awaits Justin Sun? "Chinese Entrepreneur" is compiled from ifeng.com Technology, 21st Century Business Herald, Huaerjie Reference, etc. 。END 。 Producer: Cui Yunyan Reviewer: Ren Yingwen [Recommended reading] Just click on the picture read     |
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