Justin Sun apologized earlier on the Chinese social media site Weibo writing a strange post where he says that he made ‘’over-marketing’’ of China’s brand of socialism. As we can read today in the coming altcoin news, he canceled the crypto power lunch with Warren Buffett after ending up in a hospital.
However, he is now in San Francisco and he seems well. Justin Sun apologized for praising socialism and Caixin which is a publication he had accused of libel the previous day. He stated:
“Caixin continues to uphold the public interest of social responsibility. Priority, let me see my limitations and smallness, I am sincere and fearful to communicate with Caixin.”
The Tron founder noted that he had stayed awake the entire night and he was reconsidering and thinking the recent developments where he canceled the meeting with Warren Buffet because of kidney stones. The recent downturn in the price of Tron may have a lot to do with the man’s remorse:
‘’I was very fortunate to catch up with the rapid development of socialism with Chinese characteristics in our country’s new era, and the development dividend of the global blockchain industry, coupled with the support of many seniors in the industry. […] Finally, I once again say to the media, elders, leaders, regulatory agencies, and the public who care about me, I sincerely say: Sorry!”
The responses to his apologies were mainly cynical and many people stated that Sun is just trying to whine his way back in China. According to the reports that circulated this week, Sun was reportedly wanted by the Chinese authorities. However, a spokesperson for Justin Sun told Yahoo! Finance that there is nothing that can stop him from leaving or entering China. He noted:
“My understanding is that Chinese authorities would have to subpoena Justin and tell him he is a person of interest in an investigation for him to be placed on a border control list (going either way). Justin has received no such subpoena.”
As it was revealed in the latest cryptocurrency news, the skeptics pointed out that Justin Sun is reportedly very healthy and he seemed that way during the live-stream from San Francisco. Now the users wonder if he was scared to go to the meeting but Sun claimed that he is feeling much better now.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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