After the sudden transfer of lunch by TRON founder Justin San and legendary investor Warren Buffet, in the 21st Century Business Herald , China, there was news that an entrepreneur was under investigation and could not leave the territory of China, and the version about kidney stones was only a cover. Sun denied some rumors in a subsequent publication on Weibo, but then the Beijing business publication Caixin reported almost the same thing.

Our Thought confirms Caixin as with the Justin of Sun @justinsuntron is now! Just under Investigation and CAN not a leave China.

Source (in Chinese): https://t.co/wdyEPhhIXt https://t.co/px5OAAEZE4 https://t.co/klD3pwmlCa

推 文

– cnLedger (@cnLedger) July 23, 2019

Thus, according to media reports, a special committee on Internet security issues, formed by the State Council, accused Sana of money laundering, illegal investment, involvement in the distribution of pornography and gambling. This committee has allegedly recommended law enforcement to arrest the entrepreneur.

Up until this point, few people knew that Sun owned the Peiwo mobile app, a social network that Xinhua state news agency accused of distributing pornography and providing escort services. It is reported that the company operating the application has recently ceased to exist.

Note that Sana was last seen outside of the PRC on July 1 at a summit in Taipei. At the moment, according to the media, he was forbidden to leave the territory of China. It is noteworthy that he appeared on the radar of the financial regulator only after he began actively promoting lunch with Buffett in social networks.

Rough translation: Justin is under border control. Internet Finance Rectification Office. It wasn’t been up to the date.

– cnLedger (@cnLedger) July 23, 2019

The traditional supplier of cryptocurrency news from China, cnLedger, clarified that it is rather difficult to obtain official confirmation that the Chinese citizen has been banned from traveling abroad.

Some thoughts on the latest Justin-Buffett lunch date situation. Note that it's just a guess. Please take it with a grain of salt. Normally we don't tweet unconfirmed news. But some info (such as people under border control) may never gets publicly confirmed. pic.twitter.com/ZOFux9LSsI

– cnLedger (@cnLedger) July 23, 2019

Do not forget that recently, TRON has become the object of criticism from the victims of a large-scale financial pyramid, which used the brand of the project to mislead people.

The media reported searches at the TRON Beijing office. The news turned out to be a fake, but the price had time to sink

Meanwhile, the TRX price continues to fall, losing more than 20% in price in the last 24 hours.

TRX / USD , TradingView data

BlockchainJournal has not yet been able to independently confirm the information of the Chinese media. We will continue to follow developments.

Subscribe to BlockchainJournal news on Facebook !