Mr. Justin Yuchen Sun steps down from his role as the CEO of Tron to become Grenada’s first full-time ambassador to the World Trade Organization
Justin Tron steps down as Tron CEO to be Ambassador to the WTO
Justin Sun will step down as CEO of the Tron Foundation, the organization behind the Tron blockchain network, which he launched in 2017.
Sun, on the other hand, isn’t going to retire to a fishing village to live a tranquil life off of his crypto fortune. Instead, he is getting ready to fly to Geneva, Switzerland.
Sun will become Grenada’s first full-time ambassador to the World Trade Organization, according to a Tron news announcement shared with Decrypt.
“It is a tremendous privilege to serve as Grenada’s WTO ambassador,” Sun stated in a statement shared with Decrypt. “I am excited about the opportunity to represent Grenada and engage with WTO leadership to revive global trade in a variety of ways, including the worldwide development of a thriving digital economy.”
“Sun’s expertise in the blockchain business will likely blow some much-needed fresh air into the regional economy since Grenada and CARICOM [the Caribbean Community] are among those hardest hit by a Covid-led tourism industry shutdown,” according to the press release.
Justin Sun plans to mainstream blockchain via the WTO
According to a Tron spokeswoman, it is not a “compensated role,” and “one of [Sun’s] goals is to represent and mainstream blockchain by bringing technology to the global political arena via [the] WTO.”
Sun enjoys pushing cryptocurrency to high-profile individuals, and he is willing to pay a premium for the privilege if required.
He paid $4.5 million in February 2020 for the distinction of dining with billionaire businessman Warren Buffett (following a long delay after Sun said he had kidney stones). At the dinner, he gave Buffett Bitcoin, which he had previously referred to as “rat poison squared.” Later, Sun apologized to Buffett for being a “big-mouthed over-marketer.”
The diplomats of Geneva may be in for some passionate crypto lectures.
