The crypto whiz kid who postponed his $4.6 million lunch with Warren Buffett is working to reschedule it
- The crypto whiz kid
- who paid $4.6 million to lunch with Warren Buffett, only to postpone at the last minute, is working to reschedule the charity meal.
- Tron boss Justin Sun invited several cryptocurrency executives - as well as Donald Trump - to the lunch in July, and at least six agreed to come.
- "We are in the process of corralling all of those nine people again to get it back on track," Tron communications director Cliff Edwards told Blocktv.
- Here are 6 things to know about Justin Sun.
- View Markets Insider's homepage for more stories.
The crypto whiz kid who paid $4.6 million to have lunch with Warren Buffett, only to postpone at the last minute, is working to reschedule the charity meal.Justin Sun, the founder and CEO of Tron - the blockchain company behind the 14th largest cryptocurrency - invited several cryptocurrency executives and President Donald Trump to lunch with the legendary investor. Six of the crypto bosses have publicly accepted Sun's invite, including eToro boss Yoni Assia and Litecoin creator Charlie Lee. Advertisement
However, finding a new date for the lunch that fits everyone's schedules has proven to be a challenge, Tron communications director Cliff Edwards told Blocktv.
"It took about two months for us to get all nine people to come to San Francisco and sit in one room for five hours with Warren Buffett," Edwards said. "We are in the process of corralling all of those nine people again to get it back on track."Both Buffett's team and the Glide Foundation, the homeless charity that received the proceeds from the lunch auction, were "pretty nice" about the delay, Edwards added. "It was a long time in the making and we sort of pulled the rug out from under them with just a few days to go, but they understood."
Sun blamed a bout of kidney stones for his decision to delay the lunch. However, reports of Tron employees being detained in China, plus a groveling public apology by Sun on Chinese social media, fueled conspiracies that the crypto boss was in trouble with the Chinese government for excessive self-promotion.
- Fixed deposits may not longer be taken as collateral for trading on the stock market
- LG announced eight new OLED TVs starting at ₹14,990 in India
- Airline ticket refund: DGCA tells SC that tickets booked during lockdown are entitled for refund
- Smaaash shuts down – founder calls it a ‘premature death’ for the company
- NASA's plan to put humans back on the Moon will cost $28 billion