Share this article
Tron Founder Justin Sun Postpones Lunch With Warren Buffett
Tron founder Justin Sun's hotly-anticipated lunch with billionaire investor Warren Buffett has been postponed.
By Nikhilesh De
Updated Sep 13, 2021, 11:13 a.m. Published Jul 22, 2019, 11:11 p.m.
UPDATE (July 23, 18:19 UTC): In a Periscope video broadcast live Tuesday afternoon, Justin Sun appeared to be in San Francisco (with the Bay Bridge in the background), and not in China, as news outlet Caixin reported earlier.
UPDATE (July 23, 2019, 16:50 UTC): Chinese business news organization Caixin reported Tuesday that Justin Sun is under Chinese government control, meaning he is not allowed to leave the country pending an investigation. He is not facing formal charges at this time.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
A local internet finance risks regulator has also recommended that police form a case against Sun.
Justin Sun's hotly-anticipated lunch with billionaire investor Warren Buffett has been postponed, the Tron Foundation announced Monday.
Sun has fallen ill with kidney stones, the foundation said on Twitter. The parties have "agreed to reschedule at a later date."
The lunch, scheduled for July 25, was the prize for winning a charity auction. Sun bid $4.6 million earlier this year and seemingly intended to introduce the notoriously crypto-skeptical Buffett to a number of influential figures in the space.
As of Monday, Sun had lined up Circle's Jeremy Allaire, Huobi's Chris Lee, eToro's Yoni Assia and litecoin creator Charlie Lee to join him.
The specific subjects to be discussed during the steak meal were not disclosed; however, Buffett has famously called bitcoin "rat poison squared," and made a number of other unflattering remarks about cryptocurrencies.
Sun, himself a controversial figure, is the creator of the Tron cryptocurrency and head of its namesake foundation. He convinced Buffett to move the charity lunch from its traditional New York location to Silicon Valley.
Justin Sun at Consensus 2019, image via CoinDesk archives
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Fed’s Hammack tilts hawkish on rates, questions CPI drop as distorted
"My base case is that we can stay here for some period of time," Cleveland Fed President Beth Hammack told the WSJ.
What to know:
- Cleveland Fed President Beth Hammack, who will be a voter on the central bank's policy-making FOMC in 2026, says interest rates need to remain on hold for several months.
- She threw shade on last week's surprisingly soft CPI report, noting data-collection distortions created by the government shutdown.
- Other things being equal, bitcoin would typically benefit from easier Fed monetary policy, but that hasn't at all been the case in 2025.
Top Stories
