(BlockBar) Zhao Changpeng, CEO of Binance, openly refused Sun Yuchen the proposal of inviting him to Buffett’s lunch. He said publicly, “Thank you very much for the friendly invitation, but I won’t go with you because it is too far.” He also added that if only five people attended the lunch, the refusal would be like refusing $1 million. But he is still honored and privileged and expresses sincere thanks to Sun.
Provided by public data, Zhao Changpeng, CEO of Binance, who refused to attend Buffett’s lunch, was born in Jiangsu province of China in 1977. He immigrated to Canada when he was a child and received education in Vancouver. In February 2018, Forbes magazine first published the World Digital Money Rich List, with Ripple CEO, Coinbase founder, V God and other gods in the virtual currency circle on the list. Zhao ranked third in that List with a wealth of $1.1-2 billion.
According to the data, Binance is one of the three largest on-site exchanges in the world, with registered users reaching 3 million. Some insiders said that if the CEO of Binance was invited to Buffett’s lunch successfully, it would be equivalent to endorsement for Sun Yuchen’s wave TRON. As long as the price of TRON rises, the $4.56 million that Sun spent on the lunch could easily be earned from the encrypted currency market. However, because of the refusal, it is impossible to be made up in this way.
It’s better to ignore the reason that he gives about long distance, which is possibly an excuse. What people should be really focused on is real implication under the refusal. No matter how the lunch will start and end, this dissemination has already paid much attention. However, Sun should be more careful since this wave of excessive hyper may trigger regulation again.
Weekend is the most representative female writer in the blockchain industry. She is known for her keen news capture ability and is good at English writing of blockchain news in the Chinese region.