Cashing out billions at a time, playing tricks on Buffett, and being wanted by the United States... How hardcore is the Chinese billionaire Justin Sun!
Spending 15 million US dollars just to buy a WeChat avatar, and spending 25 million US dollars to buy a ticket to space.
After bidding for Buffett's lunch at a sky-high price, he repeatedly stood up the stock god and even wanted to crowdfund a US president? Can you believe that these things that sound very strange all happened to the same person, Sun Yuchen, a "big boss" in the cryptocurrency circle born in the 1990s who is known as "Sun Ge", a "drama queen" who constantly labels himself.
He became rich overnight and acquired a fortune of tens of billions through the issuance of virtual currency. But compared to a successful entrepreneur, he is more like a plagiarist, a hype master, a follower... He interprets each identity vividly, as if all these successful experiences are packaging for "raising money".
Sun Yuchen was born in Xining in 1990, and then moved to Huizhou with his family. Sun Yuchen, who had only "three-minute enthusiasm" since childhood, changed his fate with the college entrance examination after failing in the Go and computer competitions. He was admitted to Peking University, and later went to the United States and chose to study at the University of Pennsylvania, which has trained many business tycoons.
During his time studying in the United States, Justin Sun learned about a new field - blockchain. He also learned about Bitcoin through the introduction of a friend. Having just made several times the profit from selling Tesla stocks, Sun couldn't wait to start investing in Bitcoin. The 70-80 times return rate made him see the growth potential of virtual currency, which also strengthened his determination to bet on the blockchain track.
He began to believe that the earth rotates because of the support of entrepreneurs, and that only by making more money can people become more noble.
In 2014, Justin Sun returned to China as the chief representative of Ripple in Greater China and founded TRON, a company focusing on blockchain technology. In order to obtain more investment, Justin Sun used various labels such as "Peking University bully", "post-90s entrepreneurial representative", "Asia Weekly cover figure" to frantically attract major investment institutions and finally won the investment from IDG. However, the glamorous identity alone was not enough to satisfy Justin Sun. He began to feel that only by becoming friends with the big guys could he better promote his business. So, in 2015, Justin Sun, recommended by his friends, became a disciple of Jack Ma and the only post-90s student in the first phase of Lakeside University.
But Sun Yuchen's "peak" is far more than that. In 2019, he bid 30 million yuan for Buffett's lunch, and spent more than a month to preheat, announce and finally cancel the lunch. He stood up Buffett three times in a row, and continued to hype it up by taking advantage of Wang Sicong's anger. Netizens finally understood that his real purpose was not to have a dinner with the stock god, but to use this as an excuse for self-promotion.
In the constant attempt to make trouble and create hype, Justin Sun is always taking advantage of others' strengths.
The Tron coin, which was originally worth only 2 cents, suddenly increased to 2 yuan due to Sun Yuchen's repeated "sassy operations", and the market value of Tron quickly climbed to 14 billion US dollars.
When he found the opportunity, Mr. Sun decisively sold his stocks and fled to the United States with his billions of dollars. He cashed out successfully, but the "leeks" in China were cheated out of their entire fortunes and complained bitterly.
At the end of 2019, the blockchain boom had passed and the cryptocurrency world began to collapse. Many cryptocurrency bigwigs began to change tracks and projects, but Justin Sun was still active in the cryptocurrency world, relying on his ability to "have three burrows" and seemed to be living a comfortable life.
However, in the turbulent business world, sooner or later, you will have to pay for your actions. Not long ago, the media reported that Justin Sun was being investigated by the FBI and IRS for suspected money laundering, fraud, insider trading, and evading bans. Upon seeing the news, Mr. Sun was so anxious that he immediately came out to clarify that these were all lies by reporters, and even threatened to run for the US presidency and sanction the media.
We will not discuss the truth of the matter, but Justin Sun’s eagerness for quick success has put him on the brink of danger.
Sun Yuchen, who entered the business world with great enthusiasm, must have never imagined that he would now fall step by step into the illusion of "getting rich quickly", walk on the edge of the law, and be immersed in fame and lies all day long!
After watching the drama Sun Ge, I paid attention to Marvin the Martian Dog
#Marvin火星狗 #火星狗马文 #Marvin火星狗 #美国8月核心PCE创4月以来新高 #美联储11月降息预期升温 $BTC
Musk concept meme coin‼ ️
🔸Name: Derived from Musk's beloved dog, which he often mentions on Twitter
🔸Celebrate his birthday on November 1st every year🎂
🔸eth is driven by the strongest community, with strong consensus and has passed cg.
The latest Martian dog concept, Marvin the Martian‼ ️
Musk said in an interview that he would take Marvin to Mars. The expected market value will soon exceed 100 million‼ ️ (Look for the genuine Marvin 7055, the others are fake)
