Justin Sun Dismisses Rumors with a San Francisco Livestream

From Dusk Till Dawn: Justin Sun Takes to Twitter

In a riveting twist of events, Tron founder Justin Sun decided to hit the airwaves from sunny San Francisco to refute rumors swirling around him like leaves in a cyclone. On July 23, Sun conducted a live broadcast on Twitter, declaring that he’d not been fenced in by the Chinese authorities due to an alleged police investigation. Because, you know, nothing says ‘I’m free’ more than a livestream, right?

Behind the Rumors: The Investigation Report

Earlier reports from Chinese media outlet Caixin suggested that the authorities were looking into Sun and his operations due to serious charges like money laundering and gambling—maybe even spreading pornography for good measure. Yikes! Supposedly, under Chinese law, this could lead to a travel ban lasting from one month to a year, leaving fans in the dark about his whereabouts.

Revealing the Truth: An Unexpected Photoshoot

To spice things up and add a splash of credibility, Sun didn’t merely deny these allegations—he brought along his “bodyguard” Cliff Edwards for a photogenic moment with the Bay Bridge serving as a picturesque backdrop. Nothing screams helicopter money quite like a buddy pic in San Francisco!

Buffett Meeting Delayed: Is It Kidney Stones or Just Drama?

As if the drama couldn’t escalade any further, reports surfaced that Sun chose to postpone his long-anticipated charity lunch with Warren Buffett due to alleged kidney stones. I mean, let’s hope the stones are at least glittering! Just a few days prior to this health scare, Sun had invited heavyweights from the crypto world for the lunch, turning a simple meal into a crypto gala.

Market Reaction: Cheers, No Jeers for Tron!

Interestingly, amidst all the chaos, the Tron’s price seemed to have taken a positive turn. After Sun’s live session, TRX experienced a slight recovery following a significant dip attributed to the rampant media speculations. By the time of reporting, TRX saw a modest hike of approximately 2.27%, although it was still nursing wounds of over 13% loss for the day. It seems the crypto market loves a good story!