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Home / Business / Justin Sun apologizes for excessive marketing by Buffett Lunch

Justin Sun apologizes for excessive marketing by Buffett Lunch



Justin Sun, the founder of Tron cryptocurrency, has released a public apology via his social media channel for his performance in the cryptocurrency industry.

On Thursday, Sun published a letter about Weibo in Chinese and said he "sincerely apologizes to the public, the media, government and government" for his over-marketing campaigns, especially with the recent publication of a long-awaited charity lunch with billionaire investor Warren Buffett.

" My intention to have lunch with Buffett was because of my admiration for him and my enthusiasm for charity, it was simple but also self-interest to market the blockchain industry and my project, but my immature, naive and impulsive behavior with the big mouth mine has made it an out of control and unsuccessful over-marketing hype and led to a significant series of unexpected consequences, "he wrote and added:

" Throughout the process, I went from excitement, to anxiety, annoyance, and then terrified and regrettable … It led to negative influences on the audience and also drew concerns from regulators who care about Again, I would like to say: I'm sorry. "

Sun did not specify which regulators he refers to in the letter, but mentioned the term" regulator "in 1

3 times. So far, he has only published the excuse in Chinese. The letter comes just days after he postponed the lunch with Buffett, and cited a health issue with kidney stones.

Shortly after he announced the postponement, media in China published reports on Sunday that Sun had been to China's border checklist, although Sun later streamed live to prove he is currently in San Francisco.

In addition, Sun said in the letter that he now wants to minimize his public appearance to think about the over-marketing issue.

"In the future, because of my illness, I will take some rest, reduce my publicity to Weibo and media interviews. All the efforts spent on advertising points need to go back to technology development," he said.

On Wednesday, Sun said in a tweet that he feels much better and seems to be able to work full speed on Friday. In a Weibo post that same day, he also said he should be able to meet the outside world just after recovery.

Justin Sun image via CoinDesk


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