The proposed charity launch between charity the founder of TRON token, Justin Sun and billionaire Warren Buffet has now been postponed.
According to a statement issued by the TRON Foundation, Justin Sun’s charity, the launch was postponed after Sun fell ill from kidney stones.
“TRON Foundation announces the postponement of Warren Buffett lunch, press conferences after founder Justin Sun falls ill with kidney stones,” the foundation said in a tweet.
The charity launch which was to be the first time a traditional billionaire investor would meet a leader in the global cryptocurrency community had raised about $4.57 million was to further illuminate Buffet’s view of cryptocurrencies in general.
There is no doubt about it that Buffet is critical about cryptos. As a matter of fact, he once called Bitcoin a “probably rat poison squared” and there are no public records that he owns a satoshi to his name.
However, agreeing to the launch could mean Mr. Buffet is willing to learn from Sun and his friends about an industry he is definitely not knowledgeable about.
According to its ambition, TRON seeks to create a decentralized Internet. In 2017 the company raised over $70 million for the initial coin offering of its TRON token, It later acquired BitTorrent for a cash transaction value of $120 million.