Justin Sun will leave his position as CEO of the Tron Foundation, the non-profit behind the Tron blockchain network, which he launched in 2017. According to a press announcement from Tron shared with Decrypt, Sun will join the government of Grenada as its new full-time ambassador to the World Trade Organization (WTO).
Justin Sun is a well-known tech-prenuer. In July 2017, he founded the cryptocurrency platform TRON, and he is also the current CEO of Rainberry, Inc. TRON is one of the world’s most popular blockchains. Since 2013, Justin has been the founder, chairman, and CEO of Peiwo (Callme), a mobile social app.
“It is a true honor to serve as the WTO ambassador for Grenada,” said Sun in a statement. “I look forward to the opportunity to represent Grenada and work with WTO leadership to reinvigorate global trade in various ways, particularly the development of a robust digital economy internationally.”
“Sun’s expertise in the blockchain industry will likely breeze some much-needed fresh air into the regional economy, as Grenada and CARICOM [the Caribbean Community] are among the hardest hit by a Covid-led tourism industry shutdown,” the press release read.
A spokesperson for Tron confirmed that it isn’t a “paid role,” and added that “one of [Sun’s] goals is to represent and make blockchain mainstream by bringing it to the global political arena via the WTO.”
Sun enjoys pushing crypto to well-known figures, and he is willing to pay handsomely for the privilege if required.
He paid $4.5 million in February 2020 for the privilege of dining with Warren Buffett, the billionaire investor (following a long delay after Sun said he had kidney stones). Buffett, who had previously referred to Bitcoin as “rat poison squared,” received Bitcoin at the meal. Later, Sun apologized to Buffett for being “a loudmouthed over-marketer.”