Sun Yuchen, who started his lunch with Buffett, is known as Jiayue Pavilion in the Money Circle

 Sun Yuchen, who started his lunch with Buffett, is known as Jiayue Pavilion in the Money Circle

In the early morning of July 23, TRON Sun Yuchens personal micro-blog suddenly announced that his lunch with Buffett, originally scheduled for July 25, had been cancelled because of his sudden kidney stones being treated in hospital. The 90-year-old, who just announced a record-breaking price a month ago and filmed Buffetts lunch in 2019, has again attracted numerous public opinions and controversy by breaking the record price for the most expensive lunch in history on the health grounds of sudden kidney stones.

After the incident of canceling lunch due to kidney stones hospitalization, it was rumored that Sun Yuchen was controlled by the border and unable to leave the country, and his company was also undermined. There were media reports that Sun Yuchens wave field project was suspected of illegal fund-raising and money laundering, while his companys accompany me App was also exposed as vulgar and related to pornography. Previously, Nandu reporters found that the App has been offline on several platforms.

Faced with doubts, Sun Yuchen, who is ill, reacted quickly. At noon on July 23, it blogged again on its personal micro-blog, totally denying the rumors that its business projects were suspected of money laundering, illegal fund-raising and yellow-related. However, at present, everything about Sun Yuchen, which was opened by the doubtful dinner situation as a pretext, is still full of mist.

Claiming to be the youngest disciple of Ma Yun, he filmed Heavy Price Lunch

According to public data, Sun Yuchen was born in Xining, Qinghai Province, in July 1990 and grew up in Huizhou, Guangdong Province. He studied at Peking University and the University of Pennsylvania, an Ivy League University in the United States. In 2014, Sun Yuchen returned to China to establish Reebok (Beijing) Technology Co., Ltd., which is engaged in the product development of decentralized clearing system. Then he initiated the concept of voice value socialization and launched the mobile social app accompany me. In July 2017, he created the block chain project wave field TRON. On July 24, 2018, Sun Yuchen announced that Bochang had successfully completed the acquisition of BitTorrent and all its products.

It is noteworthy that in February 2015, Sun Yuchen received a high-profile admission notice from Lakeside University, a non-academic entity university founded by Ma Yun, and became the first group of students of the university. Since then, he often claimed to be the youngest disciple of Ma Yun.

After winning the historically high-priced Buffett Lunch, Sun Yuchen seems to have made enough marketing arrangements for the lunch, unlike most previous winners or anonymous or low-key short messages. Nandu reporters noticed that on June 1 this year, Sun Yuchen said on his micro-blog that he had done a great thing and announced it three days later; on June 2, also known as let the bullet fly for a while; on the morning of June 4, Sun Yuchen officially announced that he had taken Buffett lunch in 2019 with a record-breaking price of $4,567,888 (about 31.54 million yuan). Interest also smoothly brushed on the micro-blog hot search.

Sun Yuchen said in his micro-blog that he has always been a long-term believer in Buffetts value investment concept, also known as a new starting point for the wave field TRON and BitTorrent projects, and also has great significance for the entire block chain industry. However, Buffett has said to the media nearly 10 times: Block chains are important, but Bitcoin has no unique value, and there are many fraudulent phenomena. The luncheon has not yet been held, which has been regarded as full of embarrassment.

Since the announcement of the successful shooting of Buffetts lunch on June 4, Sun Yuchen has not stopped talking about the lunch. Over the next month, he blogged several times to reveal the latest developments about Buffetts lunch. On June 12, he announced on social media that his lunch with Buffett would be held at a restaurant in the Bay Area of San Francisco on July 25. On June 16, he announced that the first guest invited for lunch was Li Qiwei, founder of Wright coin, and so on. Sun even threatened to the media that he hoped to install the first digital currency wallet in Buffetts mobile phone.

On July 8, Sun Yuchen blogged that lunch with Buffett would be held as scheduled.

On July 8, foreign media reported that Buffett would cancel his lunch with Sun Yuchen. Sun Yuchen immediately clarified through social media that the lunch was on schedule and said, Everything is as usual, please dont believe the gossip. Until July 22, Sun Yuchen also blogged countdown to lunch and announced the list of the fourth invited guests for lunch. However. Less than 12 hours later, Sun Yuchen said that lunch was cancelled in hospital because of kidney stones.

This move immediately caused a great uproar, many netizens commented on its micro-blog criticism. Financial blogger @abada Zhang Hongbing questioned, Usually, kidney stones as long as the ultrasonic lithotripter lithotripsy, half an hour to complete, do not need hospitalization at all. Some insiders also believe that this is Sun Yuchens global self-hype. Nandu reporters noticed that after Buffetts lunch, Sun Yuchen himself and TRONs microblog cover had been pasted with photos of Sun Yuchen and Buffett, until now the announcement of the cancellation of the lunch has not been withdrawn.

Once known as the Jia Yuetang wave field project in the currency circle, it was accused of money laundering and gambling.

In addition to Sun Yuchen himself, the storm caused by the event of canceling lunch due to hospitalization of kidney stones has also caused the beginning of his main business, especially the wave field project.

In the second half of 2017, Sun Yuchen created the project Wavefield TRON, which claims to use block chain technology to build a global decentralized free content entertainment system with a business model of coins. At that time, under the suspicion of air currency, Bochang currency insisted on raising 400 million yuan through ICO.

However, less than a week later, on September 4, 2017, the Central Bank and other seven ministries and commissions issued the Notice on Preventing the Risks of Token Issuance and Financing, calling for the suspension of various ICO activities and requiring the refund of currency. Many media reported that Sun Yuchen, who was living abroad at that time, had refused to return the currency, and was suspected of running, so he was called Jia Yuetang in the currency circle.

However, Sun Yuchen eventually returned 400 million yuan of Bochang currency, and then immediately continued to carry out propaganda activities in the United States. At the same time, Bochang landed overseas and began trading publicly. Sources suggest that currently the wave field currency is only circulating underground from the public.

In addition to the function of currency speculation, the wave field project also opened an online casino, and domestic users can also access it directly. As early as June 7 this year, after filming Buffetts lunch, Sun Yuchen publicly questioned that the biggest misunderstanding of mainstream media in mainland China is that they do not understand the composition of our business. If you cant see it, it doesnt mean it doesnt exist. Among them, he mentioned that the wave field has three million users and 500 Dapps. BitTorrent has a billion installed units and 100 million active units, located in more than 100 countries and regions around the world, to emphasize the practicability of the wave field public chain project.

TronWins online gambling is rich in types and can be opened normally in China, and provides Chinese services.

However, what are 500 Dapps? According to the statistics of Dapp data SpiderStore website, 72.89% of the wave sites have Dapp applications. Among the top 30 applications, there are 24 guessing classes, accounting for 80%. Competition guess is the translation of English Gambling, and Chinese can also be translated as gambling. On July 23, Nandu reporters attempted to log on to Dapp Tronwin, which had a high wave activity. They found that it was carrying out business including lottery, dice gambling and gambling, and that domestic users could login normally, and also provided Chinese language services.

App with Me has been revamped many times for its vulgar content. At present, many platforms have been removed from the shelves.

In 2014, Sun Yuchen, a returning entrepreneur, quickly created App with me, which claims to be a voice social software for people after 90/95. Users can find an interesting opposite sex within 10 seconds by matching the new voice button of App with me. Nandu reporters found that in the past few years, App with me experience is also not quiet. After the companys name change and Shareholder Information change, last June, the App was also exposed as vulgar content in the live broadcasting room, triggering subsequent rectification.

Enterprise information publicity platform shows that Happy with Me (Beijing) Technology Co., Ltd. (hereinafter referred to as Accompanied with Me Technology Company) was established in October 2014, formerly known as Reebok (World) Beijing Technology Co., Ltd., which was renamed on March 28, 2016.

In June of the same year, Sun Yuchen and Sun Weike, former company holders, withdrew. Pingxiang Dechen World Asset Management Center (Limited Partnership) and Pingxiang Dechen Times Business Consulting Partnership (Limited Partnership) became new shareholders. However, on July 12 this year, the company accompanied me with the information of industrial and commercial changes again. Sun Yuchen re-invested, with a 100% share-holding ratio, and became the actual controller and ultimate beneficiary of the company. Before that, the shareholders of the two enterprises withdrew from the shareholder sequence.

In June 2018, App accompanied me was exposed as vulgar content in individual studios. In response, the App official accompanying me said on June 28, 2018, Clear up all the bad information content, and make the illegal account permanent shutdown processing. At the same time, we will carry out self-examination on the whole platform and focus on cleaning up suspected vulgar content and accounts.

On July 23, there were four filing websites under the companys flag, and only one of them could open normally. Nandu reporters found that App accompanying me had been found off the shelf from multiple platforms. Up to now, Tencent App, Huawei App Market, Apple App Store and other platforms have been unable to search and find App accompanying me. And the downloaded two-dimensional code released on the official website of the company also reminded me that the webpage contains false red envelopes, which have been complained by many people and stopped visiting.

On July 23, after the lunch cancelled due to kidney stones hospitalization incident, Nandu reporters called to accompany our technology company. The operator said that the company is operating normally at present. The problems of App is off the shelf by multiple platforms and the companys actual controllers are not able to leave the country by border charges are not clear yet, and will soon be on the scene. Report processing.

Source: Shi Jianle_NBJ11331, Responsible Editor of Southern Metropolitan Daily