Cryptocurrency News Today: The crypto whiz kid who paid $4.6 million for lunch with Warren Buffett asked Donald Trump and several crypto bosses to join them. Here’s everyone he invited.
- The crypto whiz kid who paid $4.6 million to have lunch with Warren Buffett asked Donald Trump and a slew of crypto bosses to join them.
- Tron founder and CEO Justin Sun invited executives from Ethereum, Litecoin, Binance, Circle, Huobi, and eToro to attend the charity meal.
- Sun is working to reschedule the lunch after postponing it in July, a move that sparked conspiracies he was in trouble with the Chinese government.
- Here are six things to know about Justin Sun.
- View Markets Insider’s homepage for more stories.
The crypto whiz kid who paid $4.6 million to have lunch with Warren Buffett asked Donald Trump and a slew of crypto bosses to join them.
Justin Sun – the founder and CEO of Tron, which operates the 15th largest cryptocurrency – can bring up to seven companions to the lunch with Berkshire Hathaway’s billionaire CEO. He has invited executives from Ethereum, Litecoin, Binance, Circle, Huobi, eToro, and other crypto firms to attend, but not all have accepted.
Sun is working to reschedule the meal after postponing it in July, a move that sparked conspiracies he was in trouble with the Chinese government. However, finding a date that fits everyone’s diaries has proven challenging.
“It took about two months for us to get all nine people to come to San Francisco and sit in one room for five hours with Warren Buffett,” Cliff Edwards, Tron’s communications director, told Blocktv. “We are in the process of corralling all of those nine people again to get it back on track.”
Here’s everyone Sun has invited to his lunch with Buffett.
Justin Sun asked Donald Trump to attend his lunch with Warren Buffett after the president criticized cryptocurrencies on Twitter.
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air,” Trump tweeted on July 12. “Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.”
Sun invited the president to the Buffett lunch less than three hours later.
“I’d love to invite you to have lunch with crypto leaders along with @WarrenBuffett on July 25,” he continued. “I guarantee you after this lunch, nobody will know crypto more than you!”
Trump hasn’t publicly responded to Sun’s invite.
Charlie Lee, creator of Litecoin
Screenshot via YouTube
“I’m thrilled to invite my good friend @SatoshiLite, creator of Litecoin, to be the 1st guest to join my lunch with @WarrenBuffett,” Sun tweeted on June 16. “More friends to be announced!”
Lee accepted the invite later that day.
“Thanks Justin! I’m excited about this opportunity to meet a legend,” he tweeted.
Changpeng Zhao, CEO of Binance
Changpeng Zhao is the founder and CEO of Binance, a global Cryptocurrency exchange where users can trade more than 100 cryptocurrencies. Zhao declined Sun’s lunch invite, saying he couldn’t make the trip to San Francisco.
“.@justinsuntron kindly invited me to go, but I can’t make it,” Zhao tweeted. “Too far. I guess that’s like turning down $1,000,000, assuming 5 guys going, lol… But very much appreciated.”
Livio Weng, CEO of Huobi
Livio Weng is the CEO of Huobi, a Hong Kong-listed company founded in China and run out of Singapore. Huobi runs a major online Cryptocurrency exchange and operates Huobi Token, the 14th largest cryptocurrency.
We couldn’t find Sun’s invitation to Weng on Twitter, but the Tron boss name-checked Huobi in another tweet.
“As of now we’ve only invited @SatoshiLite of Litecoin, @Binance and @HuobiGlobal to the @WarrenBuffett lunch,” Sun wrote on July 5.
Vitalik Buterin, co-founder of Ethereum
Getty Images/John Phillips
Vitalik Buterin is the co-founder of Ethereum, the second-largest Cryptocurrency with a market cap of $19 billion, according to CoinMarketCap. Sun invited Buterin to the lunch, but the Ethereum co-founder hasn’t publicly accepted, FT Alphaville said.
Sun and Buterin have jostled and clashed on Twitter in the past.