Justin Sun (Chinese: ; pinyin: Sn Ychén; born July 30, 1990) is a Chinese-Grenadian diplomat, entrepreneur, and business leader residing in Geneva. He is the Permanent Representative of Grenada to the World Trade Organization. He is best known for founding TRON (a blockchain DAO environment) in July 2017.
Sun attended Hupan University and was featured on the covers of Yazhou Zhoukan and Davos Global Youth Leaders in 2011 and 2014. He was recognised as CNTV’s most notable new entrepreneur in 2015, and he was selected to Forbes China’s 30 Under 30 list from 2015 to 2017.
Sun put a record-breaking $4.6 million bid in June 2019 for a private lunch with Berkshire Hathaway CEO Warren Buffett, only to cancel it to the astonishment of many. Buffett’s lunch was eventually scheduled for January 2020.
Sun Apologizes to Regulators for “Over-Marketing” Buffett Lunch
Justin Sun, the creator of the Tron cryptocurrency, has apologised publicly on social media for his recent behaviour in promoting a cryptocurrency industry event.
Sun apologised to the public, media, officials, and regulatory authorities in a letter published on Weibo on Thursday, saying he “sincerely apologises to the public, media, officials, and regulatory authorities” for his over-marketing actions, particularly his recent publicising of a highly-anticipated charity lunch with billionaire investor Warren Buffett.
“My desire to have lunch with Buffett sprang from my admiration for him and my excitement for charitable causes. It was straightforward, but it was also motivated by a desire to promote the blockchain sector and my project. However, my immature, foolish, and impulsive actions with my loud mouth have converted it into an out-of-control and disastrous over-marketing blitz, resulting in a slew of unintended consequences “He said, “I went from being excited to scare, tortured, terrified, and remorseful during the procedure.
It had a bad impact on the public and raised worries among regulators who are concerned about my safety. I’d like to apologise for one more.”
Sun doesn’t say whose regulators he’s talking about in the letter, although he does use the word “regulator” 13 times. He has only released the apologies in Chinese thus far. The letter came just days after he cancelled his lunch with Buffett, claiming a kidney stone problem.
Sun was placed on China’s border control list shortly after announcing the postponement, according to Chinese media agencies, though Sun afterwards live-streamed himself to establish he is currently in San Francisco.
Sun also stated in the letter that he will now limit his public appearances in order to consider the over-marketing issue.
“Due to my illness, I will take some time off in the future and limit my Weibo and media appearances. All of the PR stunt money should be put back into technology development “he declared
Sun tweeted on Wednesday that he is feeling much better and expects to be back at full pace on Friday. On the same day, he indicated in a Weibo post that he should be able to face the outside world soon following his recovery.
Many Marylanders Are in Pain
As court judgements revealed the fallacy of “separate but equal” schooling, The Sun was hesitant to acknowledge the obvious. The Sun congratulated the school board on its “conscientiousness and restraint” in handling the matter in 1952 when Baltimore Polytechnic Institute high school allowed 10 academically qualified Black students to enter its accelerated “A course” programme after determining that a separate programme would not provide equal educational opportunity but failed to note the historic nature of the integration or even the appropriateness of the decision.
When the United States Supreme Court overturned the separate but equal concept and made segregation illegal in Brown v. Board of Education two years later, The Sun editorialised that while the result must be accepted and was “inevitable,” it would be “painful to many Marylanders.” The writers discovered a silver lining. It could reduce the “criminal activities to which too many members of the Negro race are subjected.”
Even though many other newspapers had long since stopped doing so, The Sun continued to identify Black persons in its coverage by race — and exclusively by race — by adding the tag “Negro” after individual names. According to an article in
The Afro-American, when a Westminster minister and seminary professor asked the paper to stop “this discriminatory practise” in 1955, the editor-in-chief flatly refused, declaring self-righteously that “the Sunpapers will not be a party to such suppression” of fact and that “the matter of what is now fashionable to call ‘pigmentation’ is important from both the white and the Negro point of view.”
He didn’t elaborate on what was so crucial. However, given that he mentioned crime and Black responsibility for it, we’d suppose that the relevance was in reinforcing the reputation of Black people as dangerous and to be feared. Baltimore’s population was roughly 24% Black at the time, and white fear of “the other” was widespread. After several years and the appointment of a new editor-in-chief, the publication finally got rid of the automatic racial tags in 1961, owing to reader demand.
Throughout the 1960s, The Sun’s conscience expanded in tandem with the civil rights movement. A decade after Brown v. Board, editorial writers published a scathing letter criticising Alabama’s segregationist governor, George Wallace, and school segregation as a “caste system that has put Negroes in a position of inferiority.” The same editorial praised Congress’s passage of the Civil Rights Act of 1964 as a “right and unavoidable” “national commitment to sweeping away the injustices that racial discrimination has imposed on a vast body of Americans.” When the bill was enacted in June of that year, editorial writers dubbed it a “mammoth step” and a “reaffirmation of the values of equality upon which our society was formed.”