Justin Sun has been on the lam from China since November 2018
Tron founder and CEO Justin Sun is apparently wanted by the authorities in China—and has been, ever since he “sneaked out” of the country in November 2018, according to a bombshell of a story published today by Caixin, in China.
According to Caixin’s latest report, Sun found out that he was under “border control”—meaning he cannot come and go without permission from the government—in June 2018. Caixin said Sun was unable to travel to
crypto conferences there between June 2018 and January of this year, when he made his first international appearance.
The publication said it was unknown how he got out of China, and speculated that he’s used one of the loopholes in the regulation. The report mentioned that Sun had tried multiple ways to lift the ban but to no avail.
Cliff Edwards, the Tron Foundation’s director of global communications, who’s with Sun in San Francisco, said late today that the Caixon report was untrue: “He returned from Hong Kong two weeks ago and was there since June 15, so presumably the authorities would have been able to hold him.”
Edwards said that Sun, who is a Chinese citizen, moved to San Francisco in October and has been moving about freely in the world. “He has said that if you’re on a border-control list, you’re notified that you’re the subject of an investigation, and he’s never been notified of any such thing.”
The news late today capped a week of excitement that began when Sun suddenly called off a luncheon with Warren Buffet he’d won at a charity auction for $4.5 million. Sun said that he would be unable to attend due to a flare up of kidney stones. Caixin reported yesterday that, in fact, Sun was being detained in China as part of an investigation into a variety of financial irregularities.