On July 23rd, Tron founder Justin Sun broadcasted a live video from San Francisco to refute reports that he was prevented from leaving China due to a police investigation.
Sun launched the live feed on Twitter to deny rumors that he was prevented from leaving China based on charges of money laundering, gambling and spreading pornography.
Additionally, Sun posted a picture of him and Cliff Edwards, the Tron director of communications, with the Bay Bridge in the background.
Why the Swirling Rumors Around Sun?
Chinese media reports that the Office of the “Special Campaign Against Internet Financial Risks” called on security organs to launch an investigation into Sun. Chinese law states that individuals who are under investigation can be prevented from leaving the country for one month to one year. Well, at the time of the report, Sun’s whereabouts were unclear.
Further speculation into Sun’s arrest followed after a Tron Foundation tweet on July 22nd, stating that Sun had rescheduled the long-discussed charity lunch with Berkshire Hathaway CEO and celebrated investor Warren Buffett.
However, speculations on why the meeting was postponed were quickly laid to rest, where the world-famous investment guru saying that he had suddenly discovered that he had kidney stones.
Tron Price bounces back after Sun goes live
Tron (TRX) value showed positive results shortly after Sun’s live video on Twitter, seeing a slim recovery after the major decline caused by Chinese media reports of his arrest.
Earlier this month, Tron Foundation was forced to respond to news of a recent protest and “police raid” at the company’s office in Beijing. This was after a video went viral of angry protestors crowding the Beijing research offices of Raybo technology, a Tron partner in mainland China.
At the time, Sun placed the blame for losses to Tron and its investors on fake news publications, a theme that seems to be recurring with the latest reports of his “fake arrest.”
Cryptocurrency Conformist, John McAfee May Be in U.S. Custody
In a similar case of bizarre reports similar to Tron Founder Sun’s arrest rumors, it would seem as though the tech millionaire and cryptocurrency conformist, John McAfee, has been taken into U.S. custody. This comes days after he claimed the CIA attempted to “collect” him.
The news of his alleged arrest was revealed on July 24th, 2019, by the current manager of his official Twitter account.
Many have doubted that these revelations correspond to reality, claiming that it could only be an advertising gimmick. At this time, however, it is almost impossible to confirm or deny the reports about John McAfee’s arrest.
McAfee’s recent woes with the U.S. government started in January when McAfee announced that he had been charged with using cryptocurrency in criminal acts.
In a live video, McAfee alleged that the IRS had persuaded a grand jury to indict him on unspecified offenses related to his refusal to pay income tax over the past eight years.
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