Location:
Shanghai, , China
Post Date:
Jul 24, 2019 2:30 AM
TAG ID:
ichphotos594452
(RM)
Credit:
Imagine China/Newscom
Format:
6000 x 4000 Color JPEG
Keywords:
China, Chinese, TRON, internet, blockchain, tech, technology, Sun Yuchen
Release Status:
No Model Release, No Property Release
Caption:
--FILE--A netizen browses a logo of TRON, an internet blockchain technology company, on his smartphone in Shanghai, China, 12 June 2019. Sun Yuchen, the 28-year-old Chinese businessman who announced his cancellation of a lunch meeting with US billionaire Warren Buffett, was suspected of illegal funding, money laundering, brokering prostitution deals and gambling activities, a Chinese media outlet reported on Tuesday. His company TRON, an internet blockchain technology company, raised funds worth 400 million yuan through an Initial Coin Offering �� an illegal financing method that has been banned by Chinese financial regulators �� according to a Chinese-language report from the 21st Century Business Herald.