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Justin Sun Posted an Apology Letter on Weibo

Yihan Xia

Summary: In the early morning of July 24, Justin Sun posted a letter of apology on Weibo, indicating that he was over-marketing and keen on hype. Sun wrote in the letter, "The original intention of Buffett lunch was good, simple, and with wish promote the blockchain industry and some of my own selfishness. I fulfilled the ...

In the early morning of July 24, Justin Sun posted a letter of apology on Weibo, indicating that he was over-marketing and keen on hype. Sun wrote in the letter, "The original intention of Buffett lunch was good, simple, and with wish promote the blockchain industry and some of my own selfishness. I fulfilled the responsibility of the project, but because I was not mature, young and prosperous,  it gradually evolved into a runaway, stalled, and failed over-marketing, which produced a lot of consequences that I completely could not have expected.” At the end of the letter, Justin Sun said that he will trim the time, reduce the vocalization of Weibo and the media interviews. And go back to focus on the development of blockchain technology.

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