Justin Sun and a rumor around him

[(o)(o)ilikeboobs(o)(o)]

Tron-Justin Sun; Binance-CZ, don't trust them, just follow what the FUD is and do it opposite way, =]]]
No matter what, even I don't really like china, I have to admit that they are really talented, represent for younger generation of country, which would dominate the world in near future

[el kaka22]

China is trying to diminish the power of crypto hard. They are really afraid that if world moves to bitcoin instead of dollar that their yuan would lose its value. They are aiming a world where everything is calculated in yuan instead of dollar, to be honest with you dollar is losing its value a lot and in a world where bitcoin and crypto doesn't exist there is a big chance euro or yuan will fill the void dollar will create when eventually it becomes very low.

Moreover, with crypto there is a chance that will get a big market share and Chinese government do not want that, that is why they are trying their best to stop all attempts that would make crypto bigger. Justin has a meeting with Warren Buffet the biggest investor in the world and they really do not want anything good to come out of that.

[pakdemaco11]

there is no proof from the media if justin sun is exposed to money laundering and fraud cases. maybe there are people who don't like the tron company that is growing rapidly, so they made an accusation that would destroy Tron's company. do not believe in the media if there is no strong evidence of these charges !!

[Drai]

Where there is smoke, there is also a fire. 🔥
We should just look past the fact that we are holding TRX for a second and see if there is any truth to the words, I highly doubt a reputable media house would put it's neck in the line just to lower the price of TRX, there are more subtle ways to do that.

[The Sceptical Chymist]

Wouldn't surprise me, but probably just some fake news from salty fudders

Yeah, I certainly don't trust the media or their "unspecified sources", and this is also China we're talking about.

I did find this interesting:

The outlet further suggests that Sun cannot leave the country, and this is the real reason why Sun decided earlier today to postpone the Warren Buffett Lunch and press conferences to an unspecified date.

And I'm wondering if that's actually the case.  My guess is that it probably is, whether these allegations against him are true or not.  I'm not sure what all the gambling and pornography stuff is all about, as the article isn't very well written. 

Man, the media loves slamming anyone involved in crypto.  It's very sad IMO.

[ishirut009]

Hello everyone! I was interested in the news about the accusation of Justin San by the Chinese media 21st Century Business Herald. I respect Justin and his company TRON, which is well developed in the crypto market, but I did not understand why the media suddenly accused the man of money laundering and fraud. What was that? Or is it an attempt by haters to create FUD around TRON to hurt the company and to lower the price of the coin (if yes, that was successful, TRX price plunges more than 15%)

https://cointelegraph.com/news/tron-price-plunges-as-justin-sun-denies-money-laundering-accusations

i hate it but in this society that we're in, it is just normal that there would be some people or many people trying to put you down when you are above them. I believe in justin sun and i believe in tron too. I know this won't be the last time that tron will get bash.

[Bravext]

Y'all remember when Justin Sun announced a $20,000,000 airdrop and decided to do a twitter giveaway where he would be giving out a Tesla? He chose the winner of the Tesla and promptly refused to give the guy his winnings, I don't care if he later gave it to the guy, what matters to me is the fact that he ever thought of regenading in his promise in the first place, that was when I lost my trust in him.

[bttmember]

I think this may not be fake news as some local agency or financial authority can investigate anything if they find something suspicious against anybody and it may not be correct in the end, even in my country they are stricting checking everything and every transaction to stop money laundering and tax evasion.

[digitalblock]

Most likely Justin Sun is engaged in illegal business. Because he had enough money to revive an unsuccessful project. Where does he get the money?)

[dfktynby1004]

I think this is a good marketing move. Any popularity will benefit the project. I'm sure there's no such thing as black PR.

[RealMalatesta]

For now, I would still like to see it as FUD news, but if we are to face some realities too, I think some things are actually not mixing up, why is it now that Justin is being accused of money laundering that he came up with an apology letter excusing himself from the meeting with buffet as a result of the sudden illness that came upon him over night.

This is usually the excuses many of these corrupt people do make to avoid maybe arrest, prosecution or embarrassment from the eyes of the public, but I hope this will not be true though, because this will really be an eye saw for the cryptocurrency industry if all Justin as been doing about Tron is to launder money. I don’t even see what the fud news about justin will affect in TRON, because Tron value is still quite low and would not see anything that will make it dump again.

[Police Indo]

This Chinese businessman won the lunch auction with Warren Buffett. He proposed the highest rate of Rp. 64 billion at the annual charity auction. but the moment hasn't been reached yet, the Top 2 artists are involved, so this is HOT news, of course the media highlights seriously and there needs to be news spices. this is not the first time for Sun. so I think the media only wants to find news that is in demand by reader

[Bitcoin Seller]

there is no proof from the media if justin sun is exposed to money laundering and fraud cases. maybe there are people who don't like the tron company that is growing rapidly, so they made an accusation that would destroy Tron's company. do not believe in the media if there is no strong evidence of these charges !!

So you see how rumors can affect everything. The information that Justin Sun was under the trial appeared, and TRON started to fall even rapidly than before. I do not think that TRX is the scam project. You will see, in 2 years or even a bit earlier, they will go up and probably, even come to the top-5 by the market capitalization.
They will return popularity.

[lolgato1]

Justin Sun with TRON is a good example of centralized coin. TRON can´t exist without Justin Sun, so why we are talking about decentralized cryptocurrencies?

[mindrust]

This looks more like a well planned exit-scam other than anything else.

Justin going to jail, tron being a shitcoin, cancelled dinned with Buffet... All these sounds like they were planned way before.

Tron was a shitcoin since the beginning and whoever bought this shit deserved to be ripped off.

Same goes to Ripple and Bcash too.

[zhea]

Hello everyone! I was interested in the news about the accusation of Justin San by the Chinese media 21st Century Business Herald. I respect Justin and his company TRON, which is well developed in the crypto market, but I did not understand why the media suddenly accused the man of money laundering and fraud. What was that? Or is it an attempt by haters to create FUD around TRON to hurt the company and to lower the price of the coin (if yes, that was successful, TRX price plunges more than 15%)

https://cointelegraph.com/news/tron-price-plunges-as-justin-sun-denies-money-laundering-accusations

These are issues that is an attemp to put him down but they have to prove it in the proper forum and that is in the court. We can't just accuse a guy of doing something in social media without proof.

[xenomorphe1]

It is true that he is hyping his projects for his own good. And he said that he would stop it, but i didn't see that on Twitter. But TRON project development is still going in the right direction. It does not look like a scam project.

[Teawhalee]

There has been some rumors since way long because people think Justin is always trying to create some pump awareness for the Tron , and considering the recent tweet about offering president trump a offer of launch with buffet after his tweet about bitcoin created a lot of FUD which he later apologized for! This is why the media is acting alongside the FUD!

[Juggy777]

Hello everyone! I was interested in the news about the accusation of Justin San by the Chinese media 21st Century Business Herald. I respect Justin and his company TRON, which is well developed in the crypto market, but I did not understand why the media suddenly accused the man of money laundering and fraud. What was that? Or is it an attempt by haters to create FUD around TRON to hurt the company and to lower the price of the coin (if yes, that was successful, TRX price plunges more than 15%)

https://cointelegraph.com/news/tron-price-plunges-as-justin-sun-denies-money-laundering-accusations

These are issues that is an attemp to put him down but they have to prove it in the proper forum and that is in the court. We can't just accuse a guy of doing something in social media without proof.

This is just another baseless accusation giving him and his coins more publicity then they deserve, and this news shall soon be forgotten in few days because the media will stop highlighting it. @zviadits I’m surprised that you said Tron is a well developed coin?, I’ll suggest you to do more research about crypto’s as you seem to be lacking necessary information about them. @zhea I don’t think there’ll be any court case based on this news, also I feel it’s about time we move on from this news.

[slaman29]

What's that saying again? Sell the rumor and buy the news? Or was it the other way around now? Anyway, you TRX supporters of course will defend Justin, and so would I, I guess. But to me, anyone who is corporate and has a private blockchain and then wants to have lunch with Warren B means they only care about money. So tax fraud and whatever I'm not surprised. But that doesn't make him a bad guy, all these guys do the same, just some get caught.